Market Analysis of BNBUSDT on Friday 6 DECEMBER 2024

2024-12-06 18:01Source:BtcDana

BNBUSDT TECHNICAL ANALYSIS SHORT TERM VIEW    


BNBUSDT  running in negative trend and its immediate strong resistance area  are 729 to 754 level .  Stop loss is 760 level and it can fall  towards 623 level in short term because of ABC pattern . Intraday purpose selling is better for targets 715, 712 and 708 levels respectively with stop loss 760 level.


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Binance's asset BNB has risen more than 20%, surpassing Solana to take fifth place among cryptocurrencies in terms of market value. The price of BNB hit a record high of $776, solidifying its position as the market leader.


POC = Risk is a part of trading, use caution when placing orders and take market advice only into account .

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