Todayâs market on Binance is experiencing a clear consolidation phase, where prices are moving within a defined range instead of showing strong bullish or bearish momentum. Traders often refer to this condition as the âbest squareâ, a balanced zone where buying and selling pressure remain nearly equal âïž.
In such market conditions, traders focus primarily on key support and resistance levels. Buying near support and selling near resistance can help improve risk management and trade accuracy đŻ. However, any confirmed breakout from this square rangeâespecially with strong volumeâcan lead to significant price movement đđ.
Overall, todayâs Binance market favors a cautious and disciplined trading approach. Patience, proper stop-loss placement đĄïž, and well-planned entries are essential for managing risk and identifying profitable opportunities within the range.
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