FUTURE COIN TRADING STRATEGY $BNB ❗❗
Currently, $BNB is in a Bearish Consolidation phase (Sideways tending down) in the short term.
1. MA Indicator: The price is below MA(7), MA(25), and MA(99), indicating that selling pressure is still strong.
2. Price Action: After briefly touching the area of $959, the price experienced a sharp decline to the level of $890. Currently, the price is trying to hold at the psychological support area of 890.
3. Prediction: If the level of $890 breaks, BNB has the potential to move to $878 (24-hour Low). However, if it holds, there is potential for a technical rebound to the area of $905.
📊 Trading Plan
If you want to trade Futures, here are the zones you can consider:
1. Entry Position (Entry Price) Take Profit (TP) Stop Loss (SL)
2. Short (Sell) $895 - $900 (Wait for a bounce to MA) $878 - $880 $910
3. Long (Buy) $880 - $885 (Wait in the support area) $905 - $915 $870
