🔎 Easy Binance Trading Analysis
1. Trend Check 📈📉
If the price is moving higher with higher highs → it’s an uptrend (good for buying).
If the price is falling with lower lows → it’s a downtrend (good for selling).
2. Support & Resistance 🚧
Support = price level where buyers step in (a floor).
Resistance = price level where sellers step in (a roof).
Buy near support, sell near resistance.
3. Volume 🔊
High volume = strong move.
Low volume = weak move.
Always trade with strong volume.
4. Indicators 📊
RSI (Relative Strength Index): Above 70 = overbought (sell zone), below 30 = oversold (buy zone).
MACD: Shows momentum & trend direction (when lines cross, trend change happens).
5. Risk Management 🛡️
Never risk all your money in one trade.
Use stop-loss to protect your capital.
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