$BNB #BNB 🚀
Direction: LONG
Entry zone: 694.50 to 697.28
Stop loss: 685.45
Target 1: 709.81
Target 2: 720.25
Binance Coin is trading near 695.89 dollars, up 0.17 percent in 24 hours, inside a tight range of 692.97 to 696.53 dollars, and the recent closes show buyers holding the top of the range, 695.27, then 695.34, then 695.69, then 695.27, then 695.89. 🟢 My reading is that BNB is the one green major in a red market this morning, because it gained on 571.2 million dollars of volume while Bitcoin, Solana and most altcoins fell, and a coin holding near its range high in a fear market usually breaks the high before it breaks down. A long from the current zone, with a stop below 685.45, targets 709.81 first and then 720.25 if buyers push toward the 700 dollar level. A drop below 685.45 kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does Binance Coin push past 700 dollars first, or fall below 685.45? 🤔
Follow for more trades.
#BinanceCoin #Crypto #FuturesTrading #TradingSignals
Direction: LONG
Entry zone: 694.50 to 697.28
Stop loss: 685.45
Target 1: 709.81
Target 2: 720.25
Binance Coin is trading near 695.89 dollars, up 0.17 percent in 24 hours, inside a tight range of 692.97 to 696.53 dollars, and the recent closes show buyers holding the top of the range, 695.27, then 695.34, then 695.69, then 695.27, then 695.89. 🟢 My reading is that BNB is the one green major in a red market this morning, because it gained on 571.2 million dollars of volume while Bitcoin, Solana and most altcoins fell, and a coin holding near its range high in a fear market usually breaks the high before it breaks down. A long from the current zone, with a stop below 685.45, targets 709.81 first and then 720.25 if buyers push toward the 700 dollar level. A drop below 685.45 kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does Binance Coin push past 700 dollars first, or fall below 685.45? 🤔
Follow for more trades.
#BinanceCoin #Crypto #FuturesTrading #TradingSignals
