Target Achieved! 🎯
Trading Pair: $BNB /USDT
Current Price: $668.31 (-0.43%)
BNB has shown significant movement today, reaching Target 1 and approaching the lower channel of support. Here's a breakdown:
Key Levels:
1. Target 1 (Achieved): $675
Strong resistance area where price retraced.
2. Target 2 (Next Up): $690
Critical level, requiring bullish momentum.
3. Target 3 (Final Resistance): $700
Marks a significant high in the price action.
Action Plan:
Short-Term Traders: Consider partial profit booking near $675.
Long-Term Investors: Maintain positions but adjust stop-loss to secure gains.
Technical Indicators:
Support Zone: $660
Resistance Zone: $690-$700
A close above $675 signals strength for further gains. Below $660, expect further corrections.