Binance Coin At Resistance, Medium-Risk 5X SHORT—246% Potential 
2024-10-20

Binance Coin is in the same situation as Bitcoin but the chart reveals more strongly the potential for a new drop, a lower low.

Binance Coin (BNBUSDT) clearly peaked with the June 2024 fake breakout and we know that after the peak and correction comes.

The 5-August drop wasn't a real down-wave but more of a strong shakeout move. The strong recovery afterward didn't allow for the market to settle, indicating that additional bearish action is coming.

Below the full trade-numbers:

➢  SHORT BNBUSDT 

Leverage: 5X

Entry levels:

1) $620
2) $590

Targets:

1) $575
2) $555
3) $525
4) $490
5) $465
6) $415
7) $385
8) $303

Stop-loss:
Adjust to your own risk tolerance

Potential profits: 246%

Capital allocation: 3%

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Leveraged trading is for adults. 
Adults are responsible for their actions.
If you win money, the money is yours.
If you lose money, the loss is yours.

I am wishing you success.

I belief, based on timing and the duration of the consolidation phase, that this is a high probability trade.

Thank you for reading.

Namaste.