$BNB Approaching Key Levels: Tight Targets for Strategic Gains
$BNB is trading at $696.55, displaying bullish recovery after testing the low of $685.72 earlier. The price is nearing a critical resistance at $701.00, with support firmly placed at $690.00. Traders can consider entering at $696.00, aiming for incremental profit targets at $698.00, $700.00, and $701.50. To manage risk effectively, a stop loss at $693.00 is recommended. The consistent upward momentum and healthy trading volume suggest a potential breakout above resistance, presenting a well-timed opportunity for short-term gains.