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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 |