#CryptoReboundStrategy $BNB $BTC

This chart shows the BNB/USDT pair on the Binance platform with moving averages (MA) and recent price action. Here's the analysis:

### Key Observations:

1. **Current Price and Trend**:

- Current price: 715.83 USDT.

- The price is above the MA(99) (707.89), indicating a bullish trend in the short to medium term.

2. **Moving Averages**:

- MA(7): 718.00

- MA(25): 712.71

- MA(99): 707.89

- The shorter moving averages (MA(7) and MA(25)) are above the longer-term MA(99), further confirming bullish momentum.

3. **Support and Resistance Levels**:

- Resistance: ~731.24 (recent high).

- Support: ~700.18 (previous consolidation area) and ~685.79 (local low).

4. **Volume**:

- Volume appears to be fluctuating, with recent spikes indicating interest in the current price zone.

### Strategy:

#### **Entry Points**:

- If bullish momentum continues, consider entering near **712-714** after a slight pullback for a safer entry.

- Alternatively, wait for a breakout above **731.24** with strong volume for confirmation of an upward move.

#### **Exit Points**:

- First target: ~730-733 (near the recent high).

- Second target: ~745-750 if momentum continues after the breakout.

- Place a stop-loss just below **700** to limit downside risk.

### Note:

Always monitor trading volume and price action for confirmation before executing trades. If the price falls below the 700 support level, reassess for potential bearish moves.