🚀 $BNB /USD: WATCHING KEY LEVELS – POTENTIAL BREAKOUT OR RETRACEMENT! ⚡
The $BNB /USD pair is currently trading at $695, near critical support and resistance zones. Traders should be ready for a potential breakout or retracement depending on how the price behaves around these levels.
📊 Trade Scenarios:
Entry Point: $695
Take Profit (TP) 1: $710
Take Profit (TP) 2: $730
Take Profit (TP 3): $750
Stop Loss (SL): $680
Support is at $680, while resistance stands at $710. A breakout above $710 could push the price toward $730 and $750. A drop below $680 may suggest a bearish retracement.
📉 Market Outlook:
BNB is testing support at $680, and if this level holds, a move toward $710 and beyond could be on the horizon. A breakout above $710 would confirm bullish momentum, while a drop below $680 could signal a bearish reversal.
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