๐BNBUSDT 4H Market Update
โข Trend: Bullish
โข SMA (20): 725.246
โข Support: 703
โข Resistance: 758
โข Current Price: 736.24
๐Strategy:
Price is holding above the 20 SMA in a premium zone, indicating strong bullish momentum but caution for a potential short-term pullback. The current price near resistance suggests a breakout or rejection play. We favor a long entry at 736.24 with a stop loss at 714.1528 and take profit at 769.3708, targeting a 1:1.5 risk-reward ratio.
๐ Don't forget to follow for more updates! & Your Future Eye
โ ๏ธ Not financial advice - always DYOR.
Click Here To Trade ๐
โข Trend: Bullish
โข SMA (20): 725.246
โข Support: 703
โข Resistance: 758
โข Current Price: 736.24
๐Strategy:
Price is holding above the 20 SMA in a premium zone, indicating strong bullish momentum but caution for a potential short-term pullback. The current price near resistance suggests a breakout or rejection play. We favor a long entry at 736.24 with a stop loss at 714.1528 and take profit at 769.3708, targeting a 1:1.5 risk-reward ratio.
๐ Don't forget to follow for more updates! & Your Future Eye
โ ๏ธ Not financial advice - always DYOR.
Click Here To Trade ๐