technical analysis and trade signals for $BNB /USDT with three target levels and trade momentum:

Current Price: $659.99

24h High: $665.30

24h Low: $645.16

Resistance Level: $665.30 (Recent 24h High)

Support Level: $645.16 (Recent 24h Low)

Price Action & Trend

The price of BNB/USDT has shown a slight bearish momentum over the past 24 hours, down by around 0.57%. However, the price is holding above key support at $645.16, and it’s likely to make a move towards the resistance at $665.30. The price action is consolidating around $659.99, with market depth showing minor bearish pressure.

Trade Signal

Bullish Scenario (if price breaks above resistance):

Entry Point: $660.50

Target 1: $670.00 (First target level, just above resistance)

Target 2: $675.00 (Next resistance zone)

Target 3: $680.00 (Psychological resistance)

Stop Loss: $645.00 (below recent low)

Bearish Scenario (if price falls below support):

Entry Point: $655.00

Target 1: $645.00 (Test 24h low)

Target 2: $640.00 (Next support zone)

Target 3: $630.00 (Extended support area)

Stop Loss: $665.00 (above recent high)

Trade Momentum

Bullish Momentum: If the price breaks above $665.30, expect a continuation towards $670-$680 range. Momentum is slightly bullish in the short term due to price action staying above support.

Bearish Momentum: If the price breaks below $645.16, there may be a stronger bearish trend toward the $640-$630 range. Watch for increased selling pressure.

Conclusion

For bullish trades, target a breakout above $665, with targets around $670 and $675.

For bearish trades, look for a breakdown below $645.16, targeting $640 and $630.

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