$BNB

/USDT: Correction Momentum Continue 💯💥

Price Summary:

Current Price: 712.04 (down -0.20% in 24h, up +0.05% in the last 30 minutes)

24h High: 721.84

24h Low: 707.82

Volume: 180,680.60 BNB traded, 129.22M USDT volume

Support & Resistance:

Support: 707.82 (24h low), 700.00 (next major level)

Resistance: 721.84 (24h high), 725.00 (psychological level)

Trade Strategy:

1. Bullish Setup:

Trigger: Buy if BNB breaks above 721.84 and closes above 725.00.

Targets: 🎯730.00 | 🎯740.00 | 🎯750.00

Stop Loss: 707.00 (below the recent low)

2. Bearish Setup:

Trigger: Sell if BNB drops below 707.82.

Targets: 🎯700.00 | 🎯690.00 | 🎯680.00

Stop Loss: 721.84 (above recent high)

Indicators:

RSI: Look for overbought/oversold conditions near resistance or support.

MACD: Watch for crossovers to confirm direction at key levels (721.84 or 707.82).

Volume: A spike in volume when breaking key levels like 721.84 will confirm the trend.

Conclusion:

Bullish Potential: A break above 721.84 and closing above 725.00 could push BNB higher towards 730.00 and beyond.

Bearish Potential: If the price falls below 707.82, expect further downside towards 700.00.

Adjust positions based on the market's reaction to these key levels.

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