BNBUSDT: Waiting for a pullback
Greetings!
I am expecting a price pullback for BNB towards the first demand area at 290. We made a new high which IMO acts like a stop hunt and went for a liquidity sweep.
After the recent bullrun I am expecting this one to go down and gather some momentum for further upside. The move might be messy and not sharp, but will be watching for reversals after it will break the trendline and reaches the first area highlighted (285-290) or the lower 4H demand zone (270-275).
Trade with care.
I am expecting a price pullback for BNB towards the first demand area at 290. We made a new high which IMO acts like a stop hunt and went for a liquidity sweep.
After the recent bullrun I am expecting this one to go down and gather some momentum for further upside. The move might be messy and not sharp, but will be watching for reversals after it will break the trendline and reaches the first area highlighted (285-290) or the lower 4H demand zone (270-275).
Trade with care.
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