$BNB /USDT Trading Signal - Bullish Rebound from Support

Current Price: $701.95

24H Range: $681.56 - $730.58

Analysis:

After testing the strong support zone near $681.56, BNB has rebounded with significant buying momentum, pushing the price back above $700. This indicates a potential short-term reversal. If buying pressure continues, the price could retest key resistance levels.

Potential Setup:

Entry Zone: $700 - $705

Targets:

Target 1: $715

Target 2: $725

Stop Loss: $690

Observation:

The recent recovery shows bullish strength, with a possibility to build momentum for further upside. A breakout above $705 would confirm the bullish sentiment. Failure to hold above $700 may lead to a retest of lower levels.

Actionable Advice:

Monitor price action near $700 to confirm sustainability.

Set stop loss to manage risk in case of rejection at resistance.

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