🚨$BNB /USDT Technical Analysis🚨

📊The $BNB /USDT pair is currently consolidating within a tight range, suggesting indecision among market participants. The price is hovering near the 50-day moving average, which could act as a potential support level.

📈Long Entry: 590.00

🛑Stop Loss: 585.00

🎯Target: 605.00

📉Short Entry: 602.00

🛑Stop Loss: 607.00

🎯Target: 595.00

🟢The Relative Strength Index (RSI) is hovering around the 50 level, indicating neutral momentum. A break above the upper band of the Bollinger Bands could signal a bullish breakout, while a break below the lower band could indicate a bearish trend.

⚠️Disclaimer: This is not financial advice. Please conduct your own research or consult with a financial advisor before making investment decisions.

📝Note: Always use proper risk management techniques, such as stop-loss orders, to protect your capital.

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