$BNB


Price respected the key demand zone I marked out

I was looking for buyers to defend this area and a move toward the liquidity resting above around 587–588

So far, the reaction has been strong

I’ve now moved my stop to break-even so this trade is risk-free from here

#SummerCreationCamp #GateDEXIntegratesWithRobinhoodChain
BNB0.24%
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
  • 6
  • 1
  • Share
Comment
Add a comment
Add a comment
RebalanceBot
· 20h ago
This move is solid. With a stop loss to break even, I can feel at ease.
View OriginalReply0
InflationAntidote
· 07-20 14:43
Moving the stop-loss to the break-even price is a genius move—you don’t fear a pullback and you don’t fear missing out either, and it feels so smooth and comfortable.
View OriginalReply0
EveningStarHarvest
· 07-20 14:39
I remember you said earlier that this area was strong support, and it’s been verified now. Your execution is really strong. This kind of trading discipline is worth every retail trader learning—most people can’t keep holding bullish positions even after they’ve placed a stop-loss.
View OriginalReply0
TestnetWhale
· 07-20 14:30
Your analysis is pretty solid, but the crypto market changes fast—keep a close watch just in case there’s a sudden dump or panic selling.
View OriginalReply0
GasFisherman
· 07-20 14:22
Seeing this, it suddenly reminded me that last year BNB also had a similar pattern—after bouncing off a support level, it directly surged to new highs. Will this time repeat the past? But for now, overall market sentiment is cautious, so we should be careful.
View OriginalReply0
CyberGuardian
· 07-20 14:19
The key area indeed has support, but I think the liquidity above may not be limited to 587–588, and there may be higher levels that need to be tested.
View OriginalReply0
  • Pinned