Binance Coin / TetherUS
Short

BNBUSDT Daily S/R| Trading Range| Price Action| Trend

193
Evening Traders,

Today’s analysis – BNBUSDT – trading at a clear resistance where a rejection is plausible,

Points to consider,
- Price Action corrective
- Daily S/R Resistance
- Int Daily S/R Support ‘
- Pull back objective

BNBUSDT’s immediate price action is trading at a resistance, that being a key Daily S/R level, this allows for a bullish bias.

The immediate objective is the Int-daily S/R, rotating towards the lows will continue the overall range.

Overall, in my opinion, BNBUSDT is a valid short with defined risk, price action is to be used upon discretion/ management.

Hope this analysis helps,

Thank you for following my work

And remember,

“The mind is a fascinating instrument that can make or break you.”
― yvan Byeajee

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