Eyespace Studio, posts perfect crypto trading signals daily on Binance Square, offering accurate insights to help traders maximize returns and minimize risks.
Note: Weekend starting, market volatility may increase.Action: Set Stop Loss (SL) at the entry point to secure profits.Next: BTC update coming soon ๐
Details: Binance Coin has maintained a solid position above $500. However, given the recent market volatility, it's prudent to hold and monitor for signs of a breakout above $520. Key support lies at $480, with immediate resistance at $515. The performance of the Binance platform and broader market trends will significantly impact BNB's price movement.
Market Sentiment: Neutral ๐
Recommendation: Hold existing positions and consider adding more if the price dips near support levels.
Details: Ethereum's price has been consolidating around $2,900, with strong potential to surge past $3,000. The upcoming network upgrades and increasing institutional interest are likely to fuel further price appreciation. Support is seen at $2,800, with resistance at $3,100.
Market Sentiment: Positive ๐น
Recommendation: Buy and hold, especially ahead of key developments in the Ethereum ecosystem.
Details: Bitcoin has shown strong resistance above $56,000 and is poised to break through $58,000 if the bullish momentum continues. Key support levels to watch are $55,000, while resistance is at $58,500. Given the recent trend and market sentiment, a further upside is expected in the short term.
Market Sentiment: Bullish ๐
Recommendation: Accumulate on dips for long-term holding.