Binance is going to fall even more, where will the price stop?🚧

2 thg 7, 2021

Binance failed to close higher and corrected 10% after trying to make a new high. Bnb has now broken the local trend line and tested it as resistance. If the price tests the broken trendline again as resistance, it could be a good selling opportunity and the price will likely go lower. The closest area where there could be enough liquidity and Bnb will stop is the $270 level.

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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade

7 thg 7, 2021

Ghi chú

Price did not retest the trendline as resistance, returned higher and continued the upward move