🚨$BNB /USDT Technical Analysis🚨
* Current Price: $620.80
* 24h High: $647.60
* 24h Low: $605.20
📉Short-Term Outlook:
The 5-minute chart shows a recent pullback after a strong upward move. The price is currently consolidating around the $620 level.
📈Long Entry:
* Price: $610
* Stop Loss: $595
📉Short Entry:
* Price: $635
* Stop Loss: $645
📊Overall:
The short-term trend for BNB/USDT remains bullish. However, a break below the $610 level could signal a potential reversal. Traders should monitor price action closely and adjust their positions accordingly.
⚠️Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Please conduct your own research before making any investment decisions.
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