🚀 $BNBv/USDT: TESTING RESISTANCE – CAN BULLS PUSH HIGHER? ⚡
The $BNB /USDT pair is trading at $696.90, approaching key resistance levels. Traders should monitor the price action closely as momentum builds for a potential breakout or retracement.
📊 Trade Scenarios:
Entry Point: $696.90
Take Profit (TP) 1: $710
Take Profit (TP) 2: $725
Take Profit (TP 3): $740
Stop Loss (SL): $680
Support is at $680, while resistance is at $710. A breakout above $710 could ignite bullish momentum, targeting $725 and $740. However, a drop below $680 might signal a bearish retracement.
📉 Market Outlook:
BNB is testing critical resistance at $710. If the price successfully breaks above this level, it could confirm a bullish trend continuation. On the flip side, a failure to break resistance could lead to a pullback toward support at $680.
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