BNB/USDT : Broke below the support zone!
BINANCE:BNBUSDT
Hello everyone ๐
Before we start to discuss, I’ll be so glad if you share your opinion on this post’s comment section and hit the like button if you enjoyed it!
$BNB has broken below the demand zone and now it’s retesting the broken zone.
The mentioned zone has held the price above $300 for more than 280 days and it’s finally got broken!
Not so sure about the market’s current bias; But I’m going to locate my Short based on PA we have here.
But there’re a few factors that we need to look for :
– The Stop-loss should be managed by active management, Because we had the stop-hunt above the last master candle earlier.
– Entry should be located into the broken support zone .
– Don’t use High leverage.
– Don’t engage more than 3% of your portfolio.
Hope you enjoyed the content I created, You can support us with your likes and comments!
Attention: this isn’t financial advice we are just trying to help people with their vision.
Have a good day!
@Helical_Trades

