BNB trading at resistance, looking for breakout

25 thg 10, 2021

BNB is trading close to resistance level with multiple breakout attempts. If the price goes above the resistance level, bulls might get ahead with the price action and the price can increase exponentially. As always, when the price action is close to key levels, we have an increased risk for volatility. If a long position is taken when the resistance level is broken upwards, stop-loss should be closed below the level.