$BNB /USDT Price Action Update
BNB/USDT has displayed a strong recovery, bouncing off the key support at $638.10 and currently trading at $666.73, showing a 0.90% increase in the last 24 hours. This move indicates bullish strength as buyers regain control.
Key Levels:
Immediate Resistance: $673.37
Target 1: $680.00
Target 2: $692.30
Support Level: $654.44
Stop Loss:
Place a stop loss at $654.00 to mitigate downside risk.
Strategy:
Short-Term Traders: Look for a breakout above $673.37 for a quick move to $680.00.
Mid-Term Traders: Monitor price consolidation above $666.00 for potential continuation towards $692.30.
Stay cautious, and adjust your positions as the price nears resistance levels.
