🚀 $BNB /USDT Ready to Breakout? Trade Setup with Targets 🎯
Current Price: $695.70
24H Range: $675.12 - $698.68
📊 Technical Insights:
1. Support Levels:
Immediate Support: $685
Strong Support: $675
2. Resistance Levels:
Immediate Resistance: $700
Strong Resistance: $710
3. Momentum Indicators:
RSI: Mildly bullish at 60, suggesting upward potential.
EMA Levels:
50 EMA: $690 (Bullish short-term trend).
200 EMA: $680 (Strong long-term support).
MACD: Bullish crossover confirms buyers’ dominance.
4. Candlestick Signal: Bullish engulfing hints at upward momentum.
🎯 Trade Signal – Long Position:
Entry Zone: $692 - $695
Targets:
1. Target 1: $700
2. Target 2: $710
3. Target 3: $720
Stop-Loss: $680
🔥 Momentum Overview:
Short-term: Bullish (Potential breakout above $700).
Mid-term: Bullish continuation toward $710-$720.
Volume: Increased 24h trading volume supports upward momentum.
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