$BNB /USDT Trading Signal – Testing Critical Levels!
Current Price: $711.23 (-0.51%)
24h High: $721.84
24h Low: $707.82
Volume (BNB): 147,202.31
Volume (USDT): $105.20M
Market Observation
BNB/USDT is facing short-term resistance near $720. The current pullback provides an opportunity to re-enter at strong support zones.
Trade Setup
Long Entry Zone: $707 - $712
Targets:
Target 1: $720
Target 2: $730
Target 3: $745
Stop Loss: $700 (below recent support to limit downside risk)
Risk Management
Lock in partial profits as each target is achieved. Adjust stop-loss to entry after the first target to protect gains.
Market Insight
BNB remains bullish on higher timeframes, with key support near $707 holding steady. Watch for a breakout above $720 for further bullish confirmation.