$BNB /USDT Trading Signal – Will Bulls Hold $700 Resistance?
Current Price: $698.15
Potential Entry Range: $696.00 - $699.00
Targets:
Target 1: $701.50
Target 2: $705.00
Target 3: $710.00
Stop Loss: $692.00
Observation:
$BNB is approaching the critical resistance level near $700 after an impressive rally from $683.18. A breakout above $700 could lead to significant upward momentum, targeting $710. However, traders should monitor for potential rejection near this psychological barrier.
Bullish Bias: Strong momentum suggests continuation.
Note:
Adjust your position size and leverage based on your risk tolerance. Always use a stop loss to manage volatility effectively.