🚨$BNB /USDT Technical Analysis🚨

📊$BNB currently trades at $738.41, down 2.04% on the day. The 24-hour trading volume is $301.98 million.

Technical Outlook:

📉 Short-Term: BNB is facing resistance around the $761 level, the recent 24-hour high. A break above this level could signal further upside potential.

📈 Long-Term: The overall trend for BNB remains bullish, with significant gains over the past year.

Trading Ideas:

📉 Short Entry: Consider shorting BNB at $750 with a stop-loss at $765. Target $720.

📈 Long Entry: A potential long entry could be considered at $725 with a stop-loss at $715. Target $750.

🎲Risk Management:

* Always use stop-loss orders to limit potential losses.

* Manage risk by diversifying your portfolio and not overexposing yourself to any single asset.

⚠️Disclaimer: This is not financial advice. Please conduct your own research and consult with a qualified financial advisor before making any investment decisions.

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