My focus has never been on how fast the drop is, but rather on the quality of the rebound. In today's $BNB price action, several upward attempts failed to hold, indicating the key resistance level above remains intact.



Initially, I chose to go long at an entry price of 601.85, primarily based on the structural change after the high-level rejection. Once the price was pushed down from above, the short-side rhythm became clearer, so I didn’t rush to adjust my position prematurely.

Now the price has reached 569.95, with the book return showing +375.49%. This is not a time to get excited—instead, I need to clearly define my stop-loss level to prevent the profits from being shaken out by whipsaws.

My trading habit is like this: once the direction is right, I stay steady on execution and don’t get thrown off by temporary pullbacks.

$BTC $ETH
BNB-2.56%
BTC-1.66%
ETH-1.97%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned