Technically, the sell is not over for BNB
$600 is currently acting as a resistance zone. If this force continues resisting the movement towards the north, we might see a drop southward again.
In this instance, $500 will again be the main psychological support level.
The trendline on my chart will be a great point for me to start applying my DCA strategy for another round of longterm holding.
Nothing is 100% sure. But I am convinced that the market has not been corrected fully.
Trade with care
$600 is currently acting as a resistance zone. If this force continues resisting the movement towards the north, we might see a drop southward again.
In this instance, $500 will again be the main psychological support level.
The trendline on my chart will be a great point for me to start applying my DCA strategy for another round of longterm holding.
Nothing is 100% sure. But I am convinced that the market has not been corrected fully.
Trade with care
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