$BNB /USDT Trading Signal - Testing the $700 Resistance?
Current Price: $698.56 (-0.56%)
Observation: BNB is consolidating near $698 after rebounding from the $674.72 low. The $701.16 level remains a key resistance to watch, with strong momentum needed for a breakout.
Suggested Entry Range: $697.00–$699.50
Targets:
Target 1: $701.50 (immediate resistance)
Target 2: $705.00 (next breakout zone)
Target 3: $710.00 (extended target with bullish momentum)
Stop Loss: $690.00 (below consolidation zone for risk management)
Market Behavior: A break above $701.50 with sustained volume could confirm upward momentum. Failure to hold above $695.00 may result in retesting lower support zones.