BNB /USDT Trading Signal - Key Support Holds at $690.67
BNB 691.11
-0.91%
Entry Range: $689.80 - $691.00
Target 1: $695.50
Target 2: $702.00
Stop Loss: $684.50
Market Observation:
$BNB /USDT has bounced from its 24h low at $689.80, showing potential strength near the critical support zone. The 1-hour candlestick pattern suggests a possible bullish reversal, targeting the immediate resistance at $695.50. Traders should monitor the $702 level as the next significant barrier.
Action Plan:
Secure partial profits at Target 1 and adjust stop-loss to breakeven. Watch for sustained momentum to break above $702 for further upside potential. Protect capital by adhering to risk management strategies.
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