kunal00

BNB first test off 200sma . Bounce setup

Long
BINANCE:BNBUSDT   Binance Coin / TetherUS
BNB has been on a tear this year. after that big run from 40 to 600s we have a strong pullback. It is a scary one but the r/r here is very juicy. We have the first test of its 200sma since the whole run.

This is a tricky setup as BTC still looks lke it can go lower that 30k is huge. if we can hold and build this $bnb has a shot.

I'm using a 1% risk sizing meaning if I get stopped out i will lose 1% of my portfolio . I am looking to throw a couple more feelers out there too.

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