🚨 $BNB /USDT Analysis: Critical Decision Zone! 🚨
$BNB is trading at 653.41, showing a minor gain of 0.38%. The price is hovering near its moving averages, signaling potential breakout or consolidation ahead.
💡 Key Levels to Monitor:
• Resistance: 657.00, 667.20, 680.00
• Support: 645.00, 636.00, 623.00
📉 Trade Strategy:
• Long Entry: Above 657.00, aiming for 667.20, 680.00, and 692.00.
• Short Entry: Below 645.00, targeting 636.00, 623.00, and 615.00.
• Stop Loss: Set at 650.00 for long trades and 660.00 for shorts.
⚠️ Caution: Current price action indicates potential for increased volatility. Traders should wait for confirmation of direction before entering trades!