Spot Trading SignalsCryptocurrency MarketMarket Updates

BNB 4hr TF: Expected Pullback with Valid Buy Limit Below

BNB has now been consolidating in the $515-530 price range for some time, unable to break above the Local-GP zone at $536.

This is indeed a sign of weakness in price, even more validated by the pool of sell side Liquidity below at the $460 region.

An ideal buy limit for BNB as per my subjective view is just at the mid-level of the Liquidity zone.

BUY LIMIT ON BNB

Entry – $460

STOP LOSS – $425

TAKE PROFIT – $655

Related Articles

Leave a Reply

Your email address will not be published.

Back to top button