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BNB with a small Stop Loss.
An operation worth performing (4-hour closure).
Challenge: 1$ to 1M$ đ (I won 953.61)
$BNB just surpassed its all-time high, showing great bullish strength! Right now, it's experiencing a setback. On the 4 hour chart, a healthy correction after a big move. Wait for a rebound at 100MA before continuing your ascent! Objective? Recent highs are around $730!The cryptocurrency market is in constant motion and there are always opportunities for attentive traders. In this case, BNB has shown incredible strength in exceeding its all-time high, which is a very positive signal for investors. However, it is important to note that, after such a significant movement, it is normal for there to be a correction or retracement in the price. This is not necessarily a bad sign, but rather an opportunity to assess the market and look for strategic entry points.In the 4-hour graph, we can see that BNB is making a healthy correction, which can be interpreted as a necessary respite before the price continues its rise. The 100-period moving average (100MA) is an important technical level to be taken into account. Expecting a rebound at this level could offer an excellent buying opportunity for those looking to take advantage of the uptrend.In addition, the recent challenge of converting $1 million into $1 million, with a registered profit of $953.62, shows the potential of these operations when properly managed. Recent highs are around $730, and this could be a realistic short-term goal if the price maintains its upward momentum.
