I bought at 703, I hope it rises soon

🔥 $BNB /USDT Technical Breakdown: Is a Price Reversal Coming? 🚀



Current Price: $694.23
24h High: $745.29
24h Low: $693.70
Price Change: -6.10% in 24 hours

🔍 Technical Analysis & Key Levels

Support Level: $693.70 – The price is testing this level. If it holds, we might see a potential upward move.

Resistance Level: $745.29 – A key resistance zone. A break above could signal bullish momentum.

📉 Price Action Insights

BNB has dropped 6.10% over the last 24 hours, but it’s still trading in a range between $693.70 and $745.29. This creates potential opportunities for both short-term bears and long-term bulls.

🎯 Trade Signal & Target Levels

1. Target 1: $700 – Watch for a small rebound if the price holds above $693.70.

2. Target 2: $730 – A break above $700 could lead to a move toward $730.

3. Target 3: $745 – If bullish momentum continues, $745 is the next resistance to watch.

📉 Stop-Loss Recommendation

Set a stop-loss just below $693 to protect against further downside risk.

Conclusion: BNB/USDT is at a critical juncture. Keep an eye on the support and resistance levels to make informed decisions. Will BNB bounce back, or is a further drop on the horizon? Let’s see how the market reacts!

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