FieryTrading

🔥 BNB Correcting After Major Bull Run

Short
BINANCE:BNBUSDT   Binance Coin / TetherUS
BNB has seen one of the strongest run-ups for a large cap in recent history. After failing to breach the $150 resistance area, BNB followed suit on Bitcoins fall earlier today.

Since BNB was waiting for a correction, I think that this sharp downward turn will cause a short term continued fall.

On the chart I’ve marked two potential areas of support, S1 and S2. These areas are based on recent swing highs/lows and round numbers. Do your own due diligence.

Happy trading!

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