$BNB /USDT Trading Signal - Is a Rebound on the Horizon

$BNB /USDT has experienced a pullback to $687.42 after reaching recent highs near $701.

Entry Range: $686.50 - $688.00

Target Levels:

Target 1: $692.00

Target 2: $698.00

Target 3: $704.00

Stop Loss: $680.00

Analysis:

$BNB /USDT has experienced a pullback to $687.42 after reaching recent highs near $701. The current price action suggests consolidation within a narrow range, with potential for a rebound towards $692 and higher levels if buying pressure resumes. The price is trading near key support at $686, offering an attractive risk-to-reward opportunity. Volume confirmation near $688 could signal a breakout toward immediate resistance at $692.

Next Steps:

Book partial profits at Target 1 to minimize risk.

Adjust stop-loss to entry after hitting the first target.

Monitor momentum closely around $698 for signs of continuation or reversal.

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