BNB seems to be going sideway/ slightly uptrend between 405-440. It failed to break above EMA100 so that is still our resistance for now (but once broken the uptrend will be strong). Most recent prices are above EMA30 which is a confirmation of the uptrend, in addition to higher highs/ lows.
I would wait for MFI to be below 25 and place my long entry as long as price are still in the “blue zone”. My tp would be 440 and sl at 404.
((Not a financial advice, use at your own risk))
I would wait for MFI to be below 25 and place my long entry as long as price are still in the “blue zone”. My tp would be 440 and sl at 404.
((Not a financial advice, use at your own risk))