$BNB /USDT: Eyeing a Breakout – Trade Setups and Key Levels 🎯

Current Price: $717.91 (+1.47%)

24H High: $720.80 | 24H Low: $702.66

Volume ($BNB ): 242,311 | Volume (USDT): 173.07M

🎯 Key Targets for $BNB /USDT

Target 1: $721.00

Target 2: $729.50

Target 3: $735.00

📈 Long Trade Setup

Entry Zone: $715 - $718

Stop Loss: Below $710

Targets: $721.00 / $729.50 / $735.00

✅ Rationale: BNB is bouncing off the $702.66 low, forming higher highs with steady buy volume. A breakout above $721 could trigger a move toward the recent high of $729.50.

📉 Short Trade Setup

Entry Zone: $729 - $732

Stop Loss: Above $735

Targets: $721.00 / $715.00 / $710.00

⚠️ Rationale: If BNB faces resistance near $729.50, sellers may take control for a correction. A drop below $717 could signal further downside.

Market Insights

Support Levels: $711.16 / $702.66

Resistance Levels: $721.00 / $729.50

BNB remains bullish with solid upward momentum but faces a key resistance zone. Watch for either continuation or rejection at these levels for optimal trade entries.

Stay Updated, Trade Smart 🚀

#BNB #CryptoSignals #BinanceSquareFamily #TradingStrategy #CryptoMarket