🚀 $BNB /USD: TESTING KEY LEVELS – WATCH FOR A BREAKOUT OR RETRACEMENT! ⚡
The $BNB /USD pair is currently trading at $693, consolidating near critical support and resistance levels. Traders should watch closely for potential breakouts or pullbacks as the market approaches these zones.
📊 Trade Scenarios:
Entry Point: $693
Take Profit (TP) 1: $710
Take Profit (TP) 2: $730
Take Profit (TP 3): $750
Stop Loss (SL): $680
Support is at $680, while resistance lies at $710. A breakout above $710 could signal a continuation of the bullish trend, targeting $730 and $750. Conversely, a drop below $680 may indicate a bearish retracement.
📉 Market Outlook:
BNB is testing resistance near $710. If the price breaks above this level, it could trigger further upside movement. Failure to maintain support at $680 could result in a downward correction.
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