📈$BNB /USDT Trading Signal - Short & Long-Term Analysis

Market Overview:

Current Price: $686.50 (-1.59%)

24h High: $701.72

24h Low: $675.12

24h Volume: 330,803.70 $BNB ($228.38M)

Short-Term Trading Signal:

Trend: Bearish momentum in the short term.

Entry Point (Short): $690-$695 (if resistance holds).

Stop Loss: $705 (to limit losses if reversal occurs).

Target Profit: TP1 $680, TP2 $675.

Alternative Long Entry: Above $700 with volume confirmation.

Entry $702-$705, Stop Loss $690, Target Profit TP1 $715, TP2 $720.

Long-Term Trading Signal:

Trend: Consolidation with resistance at $716 and support near $672.

Entry Point (Long): $670-$680 (if price holds above support).

Stop Loss: $650 (below key support levels).

Target Profit: TP1 $710, TP2 $730.

Key Levels to Watch:

Resistance: $700, $716.

Support: $675, $672.

Trading Tips:

1. Risk only 1-2% per trade.

2. Watch for volume spikes on breakouts/breakdowns.

3. Monitor BTC and market sentiment as they can impact BNB's price movement.

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