🚀 $BNB /USDT: TECHNICAL ANALYSIS – ARE YOU READY FOR THE NEXT MOVE? ⚡
The pair $BNB /USDT is trading at $690, at a critical level as traders look for signs of breakout or pullback. Prepare for potential volatility!
📊 Trading Scenario
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. Continuous buying pressure may push the price even higher, aiming for $760.
Bearish Outlook: A drop below $675 could indicate a continued bearish trend, with potential downside targets at $660 and $645.
📉 Market Outlook
BNB is consolidating below the resistance at $705, indicating traders are waiting for a clear signal. A breakout above this level could trigger a rally, while losing support at $675 could lead to a bearish pullback. Monitor volume and RSI for confirmation.