$BNB

/USDT Technical Analysis: Bullish or Bearish? 📊

BNB is currently trading at $608.12, facing a recent downtrend. But could this be a good entry point? Let’s explore 3 potential targets:

Target 1: $635 🎯

This level represents a key resistance point. A breakout here could signal further bullish momentum.

Target 2: $657 🎯

BNB’s recent 24-hour high. Reaching this level could attract more buyers and fuel upward movement.

Target 3: $680 🎯

A significant psychological level. Breaking above this could confirm a strong bullish trend, pushing BNB into new highs.

Key Support Level: $598

If the price drops below this, further downside could be expected.

Trading Strategy:

Bullish Scenario: Look for long positions if BNB breaks and holds above $635.

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