🔍 $BNB Technical Analysis 🔍

Current price: $699.44 (-0.65%). Let’s dive into the key levels and craft a precise trade setup!

---

Key Levels

1. Support:

$690 – Immediate zone where buyers step in.

$656 – Strong demand area.

2. Resistance:

$703 – Dynamic resistance (MA7).

$737 – Major hurdle for further upside.

---

Indicators

MA7, MA25, MA99: Price holding between these levels signals consolidation.

Volume Spike: Strong activity around $690-$700 indicates buyer interest.

Recent Candlesticks: Bearish rejection near $703 but potential for reversal.

---

Trade Setup

1. Entry Zone: $690-$695 on bullish confirmation (e.g., hammer or engulfing candle).

2. Targets:

T1: $710

T2: $737

3. Stop-Loss: $685

---

Outlook

Bullish Signs: Higher lows and recovery from $618 suggest trend continuation.

Bearish Risk: A break below $685 could push BNB toward $656 or $612.

🎯 Summary: Enter near $690-$695, aim for $710/$737, and keep stops tight at $685. Stay patient and trade smart! 🚀

#BNBAnalysis #bnb #TradingSignals #TradingStrategies💼💰 #TradersAnalysis