🔍 Technical Analysis of Major Currencies for Wednesday

1. Bitcoin #BTC

Technical Levels: Bitcoin faces strong resistance at $105,000 and support at $101,000.

Forecast: If resistance is breached, it may head towards $110,000. However, breaking support could lead to further declines.

2. Ethereum #ETH

Technical Levels: Ethereum faces resistance at $2,600 and support at $2,430.

Forecast: Breaching resistance could push the price towards $2,700, while breaking support may lead to a drop towards $2,300.

3. Binance Coin #bnb

Technical Levels: Binance Coin faces resistance at $690 and support at $650.

Forecast: Breaching resistance could push the price towards $730, while breaking support may lead to a drop towards $600.

⚠️ Important Notes

Risk Management: It is advisable to use Stop Loss orders to mitigate potential risks.

Technical Analysis: Please monitor technical indicators such as RSI and MACD to identify suitable entry and exit points.

Economic News: Keep an eye on any economic or regulatory news that may impact the market.