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Now let's get to the chart first. BNB is bouncing from its very strong support zone which is at $380-$400 and currently, BNB is trading at $415. If we hold this support then our next target is at $450-$460. If BNB also breaks this resistance then the next resistance area is at $600.
If somehow BNB breaks the $380-$400 support then our next two supports are $300 and $250.
Entry range:- If you want to buy BNB then I'll recommend putting your buy orders at $380-$400 or if you want to take some risk then buy at CMP with a tight stop loss.
Target1:- $460
Target2:- $600
SL:- If any daily candle closes below $380 then I'll exit manually.
Do not forget to share your views in the comment section.
This is not financial advice. DYOR before investing.
Thank you!
Now let's get to the chart first. BNB is bouncing from its very strong support zone which is at $380-$400 and currently, BNB is trading at $415. If we hold this support then our next target is at $450-$460. If BNB also breaks this resistance then the next resistance area is at $600.
If somehow BNB breaks the $380-$400 support then our next two supports are $300 and $250.
Entry range:- If you want to buy BNB then I'll recommend putting your buy orders at $380-$400 or if you want to take some risk then buy at CMP with a tight stop loss.
Target1:- $460
Target2:- $600
SL:- If any daily candle closes below $380 then I'll exit manually.
Do not forget to share your views in the comment section.
This is not financial advice. DYOR before investing.
Thank you!
