AzizKhanZamani

BNBUSDT Daily S/R| Trading Range| Price Action| Trend

Short
BINANCE:BNBUSDT   Binance Coin / TetherUS
Evening Traders,

Today’s analysis – BNBUSDT – trading at a clear resistance where a rejection is plausible,

Points to consider,
- Price Action corrective
- Daily S/R Resistance
- Int Daily S/R Support ‘
- Pull back objective

BNBUSDT’s immediate price action is trading at a resistance, that being a key Daily S/R level, this allows for a bullish bias.

The immediate objective is the Int-daily S/R, rotating towards the lows will continue the overall range.

Overall, in my opinion, BNBUSDT is a valid short with defined risk, price action is to be used upon discretion/ management.

Hope this analysis helps,

Thank you for following my work

And remember,

“The mind is a fascinating instrument that can make or break you.”
― yvan Byeajee

Join my free telegram! t.me/chartdoctorsanconsultants

Follow me on Twitter! twitter.com/pinkdawn__
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.