Guys 💲💲💲
This post will be about $BNB
We have experienced significant price change in the last hours which was following the $BTC price gain momentum a few hours before.
As we know the cycle of buying and selling is the major mover of the market and many buy orders drove the price to where it broke the uptrend price line.
Gaining 10% for such a short time period might be positive sign for rally to 700$
If the current price manage to stay above 650$ then most probably we will see the uptrend momentum to continue and we can keep our position open
If there is a drop below then market could probably take a drop shot as there will be big sell orders coming together and many people will be trying to exit on some profit.
The best i can suggest would probably be to get some profits above 650$ and secure half of your funds invested.
There will be pullback at some point and it will be better for you if you have some profits in your pocket.
Remember that there is almost no chance to wake up as overnight millionaire with 10$-1000$ investment but securing profits guarantees you that you are on the right way and following that path that will lead you there.
In short uptrend is here there are no pullback heavy sings so far.
Price is rather stable at the moment.
Secure some profits 30%-50% from positions and wait for next gain to secure some more or for the drop to enter again in.
Next coins on which i will do short briefs are $SOL and #PEPEATH
Expect #RNDR/USDT and #PEOPLE/USDT articles too.
Stay Tuned 😜
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