Will Morning Brother run to 740? The average price at 710 is still being held 🤪

Analysis on November 12: Short near BNB 693-698
First tier target 681-686, second tier target 663-668, pattern level: 646

BNB is about to break through the 800 mark on the 8th, but fate seems to have played a joke on those blindly chasing highs, quickly plunging to the 600 mark. Li Chen believes that the market consolidation is still ongoing. As the market continues to cool down, it's easy to get washed out when bullish. There's a high probability it will spike down and break below 600, leading to a situation that starts with 5, followed by a rebound.

But let's not look too far ahead, as I know some family members might not be able to hold on and reap the fruits of victory in advance. It's better to make a phased profit-taking. After taking profits, let everyone make new trades to quickly flip the account, which is a good positive cycle. If you don't understand the layout in a bull market, you can refer to Li Chen's past performance: #BNB走势 #大盘走势