🐋 $BNB has lost the 700 level. Key levels are often where pending orders and stop-losses are most concentrated.
After a break below, long positions’ stop-losses underneath can easily be triggered in a chain, leading to a faster sell-off. But if large buyers step in at lower levels, the price could also be pulled back above the key level.
Are you following the move or sitting on the sidelines?
After a break below, long positions’ stop-losses underneath can easily be triggered in a chain, leading to a faster sell-off. But if large buyers step in at lower levels, the price could also be pulled back above the key level.
Are you following the move or sitting on the sidelines?