$BNB /USDT Trading Signal ā Long Opportunity šÆ
Current Price: $699.34 (+0.27%)
Signal: Long Position
Entry Range: $698 - $701
Take Profit Levels:
šÆ TP1: $705
šÆ TP2: $710
šÆ TP3: $715
Stop Loss: $688
Technical Observations:
Bullish Momentum: $BNB has bounced off the support zone around $688.50 and is trading above the 25 EMA and 99 EMA, signaling a potential upward continuation.
Resistance Zone: Immediate resistance is around $705, with further targets aligning at $715.
Support Levels: Initial support lies at $698, which serves as a strong entry for risk management.
Actionable Advice:
Monitor the price closely for an entry within the specified range. Secure profits at incremental targets while adhering to the stop-loss level for disciplined trading.