📉 $BNB
Faces Resistance at $725 – Short-Term Pullback in Play ⚠️
BNB/USDT is trading at $706.32, down -1.07%, after hitting a 24h high of $725.00. The price struggles to hold gains as sellers dominate near key resistance.
Key Metrics:
Current Price: $706.32
24h High: $725.00
24h Low: $704.16
Volume (BNB): 394,522.74
Market Insights:
BNB failed to sustain above the critical resistance at $725, triggering a pullback toward immediate support near $704.
Buyers need to defend the $702 - $704 range to avoid further downside.
A breakout above $717 could signal a recovery back to test $725.
Trading Strategy:
Entry Zone: $703 - $707
Targets: $717 / $725 / $735
Stop Loss: Below $700
Risk Management: Monitor support levels closely and wait for volume confirmation before re-entering long positions.
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