Market Analysis: Watching Bnb
This reaction from the lower time frame could push the market back to 720.
Action:
🔄 Wait for the 6-hour close (but you can apply your entry strategy).
❌ Stop Loss: 679.9
✅ Take Profit: 721
⚠️ As mentioned yesterday, it will be challenging to drive the weekly trade downward without consolidation. Meanwhile, we still need to be cautious and watch for any downward reversal, as the market has not fully closed the downward gap.
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