🚨$BNB /USDT Technical Analysis🚨
📊$BNB USDT is currently trading at $640.19, up 4.54% in the last 24 hours. The price has been on a strong uptrend recently, and the 24-hour high of $640.20 suggests further upside potential. However, the 24-hour low of $607.79 indicates that there may be some profit-taking pressure at higher levels.
The 5-minute chart shows a bullish trend with higher highs and higher lows. The RSI is currently at 80, indicating that the market is overbought. A pullback to the 24-hour low could be a good buying opportunity.
Possible Entries:
📈 Long: $607.79 (24-hour low)
📉 Short: $640.20 (24-hour high)
Stop Losses:
🔴 Long: Below $590
🟢 Short: Above $650
Disclaimer: This is not financial advice. Please do your own research before making any investment decisions.
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