🚀 $BNB /USDT: TECHNICAL ANALYSIS – READY FOR THE NEXT MOVE? ⚡

The $BNB /USDT pair is trading at $690, sitting at a crucial level as traders watch for signs of either a breakout or retracement. Prepare for potential volatility!

📊 Trade Scenarios

Entry Point: $690

Take Profit (TP 1): $705

Take Profit (TP 2): $720

Take Profit (TP 3): $740

Stop Loss (SL): $675

Key Levels

Support: $675

Resistance: $705

Bullish Outlook: A breakout above $705 could signal bullish momentum, targeting $720 and $740. Sustained buying pressure could push prices even higher toward $760.

Bearish Outlook: A drop below $675 may indicate bearish continuation, with potential downside targets at $660 and $645.

📉 Market Outlook

BNB is consolidating below resistance at $705, suggesting traders are waiting for a clear signal. A breakout above this level could trigger a bullish rally, while a loss of support at $675 might lead to a bearish retracement. Watch volume and RSI for confirmation.

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