BNBUSDT, Daily, June/19-31, Going to Long until Previous Top

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BNBUSDT is gaining momentum in the past few days and currently it reaches a resistance at around $17.0. If BNB manages to stand firm without losing much momentum, short term traders will try to break the 17.50 sell wall.

This may change the mid-term outlook for the pair and we can expect a re-visit to the previous top at around $24.00

 

Pair BNBUSDT
Exchange Binance
Action Buy Stop
Open Price 17.50
Stop Loss 16.00 Optional: Trailing stop to breakeven
Take Profit 23.00 Risk-reward ratio: 3.67

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