$BNB /USDT: Momentum Building! š
Current Price: $703.41 (+1.05%)
Key Targets:
1. $720 (Immediate Resistance)
2. $750 (Mid-term Target)
3. $800 (Major Breakout Zone)
Market Insight: $BNB has rebounded strongly from its daily low of $683, reaching a peak at $718 before a slight retracement. This consolidation phase could signal preparation for the next leg up.
Trading Strategy:
Entry Zone: Consider entering near $700 on pullbacks.
Take Profit Levels: Partial profits at $720 and $750 while holding for $800.
Stop Loss: Below $680 to limit downside risk.
Technical Indicators: Volume surge supports the current uptrend. Watch for sustained buying pressure to confirm breakout momentum.
Stay alert and trade wisely as $BNB approaches critical resistance levels!