#everyon $BNB Help Me Friends Hold or Close Today? Last Day, | DP-NFT en Binance Square

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#everyon $BNB Help Me Friends Hold or Close Today?Last Day, I Lost $20+ on 2 Trade.

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#CryptoReboundStrategy $BNB $BTC This chart shows the BNB/USDT pair on the Binance platform with moving averages (MA) and recent price action. Here's the analysis: ### Key Observations: 1. **Current Price and Trend**: - Current price: 715.83 USDT. - The price is above the MA(99) (707.89), indicating a bullish trend in the short to medium term. 2. **Moving Averages**: - MA(7): 718.00 - MA(25): 712.71 - MA(99): 707.89 - The shorter moving averages (MA(7) and MA(25)) are above the longer-term MA(99), further confirming bullish momentum. 3. **Support and Resistance Levels**: - Resistance: ~731.24 (recent high). - Support: ~700.18 (previous consolidation area) and ~685.79 (local low). 4. **Volume**: - Volume appears to be fluctuating, with recent spikes indicating interest in the current price zone. ### Strategy: #### **Entry Points**: - If bullish momentum continues, consider entering near **712-714** after a slight pullback for a safer entry. - Alternatively, wait for a breakout above **731.24** with strong volume for confirmation of an upward move. #### **Exit Points**: - First target: ~730-733 (near the recent high). - Second target: ~745-750 if momentum continues after the breakout. - Place a stop-loss just below **700** to limit downside risk. ### Note: Always monitor trading volume and price action for confirmation before executing trades. If the price falls below the 700 support level, reassess for potential bearish moves.

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