Today, I decided to trade the BNB/USDT pair on Binance. I noticed that BNB was showing strong support around $525 and resistance near $540. I bought BNB at $527 after seeing a bullish candle on the 15-minute chart. I set my sell target at $538 and placed a stop-loss at $520 to manage risk. Within an hour, the price hit my target, and I secured a decent profit. Technical analysis really helped in making the decision. I believe BNB is a strong coin and can be traded safely with proper strategy. Always use stop-loss to avoid major losses.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.