Please take a look back at the developments of $BNB
BNB’s recent performance versus BTC is actually not very good. The BNB/BTC exchange rate keeps fluctuating and trending downward
However, when considering absolute price, BNB still has some opportunities. The key support level 680 that I mentioned again and again before has proven effective once more. When the price touched 680, it bounced up following the momentum
I always emphasize the importance of knowing and then doing: if you believe in an asset at a certain price level, then just go in (buy/enter the trade)
So I went long on BNB, with the entry point at 685.01. I did not place the buy order immediately to the left side around 680, because I took into account the weakness in the BNB/BTC exchange rate
But since BNB bounced at 680, that shows this support level is still valid, so our trade-entry logic (buy/enter the trade) remains intact
Zoom in—separate early, now!
BNB’s recent performance versus BTC is actually not very good. The BNB/BTC exchange rate keeps fluctuating and trending downward
However, when considering absolute price, BNB still has some opportunities. The key support level 680 that I mentioned again and again before has proven effective once more. When the price touched 680, it bounced up following the momentum
I always emphasize the importance of knowing and then doing: if you believe in an asset at a certain price level, then just go in (buy/enter the trade)
So I went long on BNB, with the entry point at 685.01. I did not place the buy order immediately to the left side around 680, because I took into account the weakness in the BNB/BTC exchange rate
But since BNB bounced at 680, that shows this support level is still valid, so our trade-entry logic (buy/enter the trade) remains intact
Zoom in—separate early, now!
