đ BNB â SHORT-TERM RECOVERY & MOVING AVERAGE TEST! đ„
$BNB (Binance Coin) is trading higher at 730.35 (+1.02%, or roughly Rs202,197.40), moving within an active 24-hour range between a high of 736.72 and a low of 721.45. Price action on this 4-hour chart displays a solid recovery bounce from the recent low near 708.00, pressing right against the fast MA(7) (731.62) and MA(25) (735.43) lines while approaching the macro structural MA(99) (758.94) band.
đ QUICK TRADE PLAN â 4H
đą LONG ENTRY: 720.00â730.00 (on stabilization and successful defense above the local base)
đ STOP LOSS: 702.00
đŻ TP1: 760.00
đŻ TP2: 785.00
Are you watching for BNB to break past the MA(25) and push higher toward the 760 resistance zone, or waiting for a pullback? Let's discuss below! đ
đ Trade: $BNB
#bnb #BinanceCoin #cryptotrading #BinanceSquare #bullish
$BNB (Binance Coin) is trading higher at 730.35 (+1.02%, or roughly Rs202,197.40), moving within an active 24-hour range between a high of 736.72 and a low of 721.45. Price action on this 4-hour chart displays a solid recovery bounce from the recent low near 708.00, pressing right against the fast MA(7) (731.62) and MA(25) (735.43) lines while approaching the macro structural MA(99) (758.94) band.
đ QUICK TRADE PLAN â 4H
đą LONG ENTRY: 720.00â730.00 (on stabilization and successful defense above the local base)
đ STOP LOSS: 702.00
đŻ TP1: 760.00
đŻ TP2: 785.00
Are you watching for BNB to break past the MA(25) and push higher toward the 760 resistance zone, or waiting for a pullback? Let's discuss below! đ
đ Trade: $BNB
#bnb #BinanceCoin #cryptotrading #BinanceSquare #bullish