Just like most crypto, BNB has seen some steady gains in the past few weeks. Apart from that, BNB currently resides on a crossroad.
This post serves as a warning for potential BNB investors. BNB's all time high is located at around $40, which is exactly where we currently are. There's a possibility that the price fails to pierce through the $40 mark, resulting in a decline in price and potentially setting off a new bearish phase all the way to $10.
At the moment, I would refrain from entering long positions. Go long when the price has closed above $40 on the daily chart, maybe even the weekly chart. With all the volume currently in drypto, I dont see the demand for BNB falling anytime soon.
This post serves as a warning for potential BNB investors. BNB's all time high is located at around $40, which is exactly where we currently are. There's a possibility that the price fails to pierce through the $40 mark, resulting in a decline in price and potentially setting off a new bearish phase all the way to $10.
At the moment, I would refrain from entering long positions. Go long when the price has closed above $40 on the daily chart, maybe even the weekly chart. With all the volume currently in drypto, I dont see the demand for BNB falling anytime soon.
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🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.