$BNB #BNB
BNB just broke the level everyone was watching. The bounce never came.
BNB is near $704.90 right now, down 5.95 percent in 24 hours, the weakest of the big majors today. That matters because the earlier short zone up at 715 to 725 is now overhead resistance, not support. The Binance security news hits BNB hardest of all, and the selling has not found a real buyer yet. In my view this is a breakdown continuation, not a dip to catch. I would short rallies back into 700 to 710, with a stop above 725, because a move back above 725 would tell me sellers have lost control. Targets are 685 first, then 670 if momentum stays heavy.
Futures trading is risky, trade small, manage risk, do your own research.
#BinanceCoin #Crypto #FuturesTrading #TradingSignals
Follow for more trades
Does BNB reach $685 before it reclaims $725?
BNB just broke the level everyone was watching. The bounce never came.
BNB is near $704.90 right now, down 5.95 percent in 24 hours, the weakest of the big majors today. That matters because the earlier short zone up at 715 to 725 is now overhead resistance, not support. The Binance security news hits BNB hardest of all, and the selling has not found a real buyer yet. In my view this is a breakdown continuation, not a dip to catch. I would short rallies back into 700 to 710, with a stop above 725, because a move back above 725 would tell me sellers have lost control. Targets are 685 first, then 670 if momentum stays heavy.
Futures trading is risky, trade small, manage risk, do your own research.
#BinanceCoin #Crypto #FuturesTrading #TradingSignals
Follow for more trades
Does BNB reach $685 before it reclaims $725?
