DOT/USDT Scalp Chart Analysis Current Price: $5.19 - Anticipating a solid 8-10% upward surge! - Strong support at $5, eyeing an entry between $5.0-$5.20. - Targets: $5.48 & $5.72. - Set Stop Loss at $4.90 for risk management.
Introduction: In this BNB/USDT technical analysis, we'll examine critical price levels and potential scenarios for Binance Coin (BNB) against the US Dollar Tether (USDT). Liquidity Sweep Area - 145-160 USDT: The first key aspect to address is the liquidity sweep area, which encompasses the price range of 145-160 USDT. Liquidity sweeps often serve as precursors...
Let's analyze the potential risk-to-reward scenario for BNB coin based on the information provided. The current setup suggests that once this month's candle closes above the long-term trend line support, it could trigger a significant bullish rally for BNB coin. This could potentially be the 3rd wave of BNB's upward trend, according to trend analysis. The first...