$BNB

/USDT Technical Analysis (Short Overview🔥💯

Current Price: $694.58

24h Price Movement: -2.22%

Resistance Levels:

1st Resistance: $719.99 (Near 24h high)

2nd Resistance: $730.00

3rd Resistance: $740.00

Support Levels:

1st Support: $683.00 (24h low)

2nd Support: $670.00

3rd Support: $660.00

Trade Momentum:

The price has shown downward pressure (recent 24h drop), but is currently hovering above key support at $683. Buyers could step in around support levels for a potential bounce, while resistance levels may limit upside movement.

Trade Signal:

Long Position (Buy):

Entry Point: Around $683.00 (near support)

Take Profit Targets:

Target 1: $719.99

Target 2: $730.00

Target 3: $740.00

Stop Loss: Below $670.00 (for risk management)

Short Position (Sell):

Entry Point: If price fails to break above $719.99 resistance.

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