Risk : %2.36 | Reward %39.2 and more
There is one more thing that caught my attention. U can observe the rise in RSI and volume . This can be evaluated for the risk-to-reward ratio.
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (211.2).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BNBUSDT is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 37.7
SL= Break below 211.2