$BNB
/USDT Trading Insight – Recovery in Sight?
Current Price: $691.89
24h Change: -0.98%
BNB/USDT has found support at $674.72 after a significant retracement from the $733.33 high. The price is showing signs of recovery, moving toward the $697.58 resistance level. A breakout above this level could signal a continuation toward the $710 mark.
Key Levels:
Resistance: $697.58 (immediate), $710.47 (secondary)
Support: $674.72 (bounce level)
Observations:
Buyers are gradually stepping in at lower levels, suggesting potential accumulation.
If the $697.58 resistance breaks, it could confirm a short-term bullish reversal.
Trade with caution as the market remains volatile. Place stops below $684.68 to manage risk effectively.