Helical_Trades

BNB/USDT : Broke below the support zone!

Short
BINANCE:BNBUSDT   Binance Coin / TetherUS
BINANCE:BNBUSDT
Hello everyone 😃
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!

$BNB has broken below the demand zone and now it's retesting the broken zone.
The mentioned zone has held the price above $300 for more than 280 days and it's finally got broken!

Not so sure about the market's current bias; But I'm going to locate my Short based on PA we have here.
But there're a few factors that we need to look for :
- The Stop-loss should be managed by active management, Because we had the stop-hunt above the last master candle earlier.
- Entry should be located into the broken support zone .
- Don't use High leverage.
- Don't engage more than 3% of your portfolio.

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Have a good day!
@Helical_Trades

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