$BNB Trading Strategies
Bullish Strategy:
A breakout above $647.60 may confirm further upward momentum.
A stop-loss order below $605.20 could help manage risk.
Bearish Strategy:
A break below the 20-day MA might signal a downtrend.
A stop-loss order above $647.60 could be useful in this scenario.
Key Support and Resistance Levels:
Support:
The 20-day MA.
The recent low around $605.20.
Resistance:
The 24-hour high at $647.60.
The 50-day MA.
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