$BNB /USDT Technical Analysis š
Current Price: BNB/USDT is trading at $679.72, up +1.48% in the last 24 hours. The steady recovery from recent lows indicates a strong bullish trend.
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Next Potential Targets:
1. Target 1: $680.00 - Immediate resistance and a key short-term breakout level.
2. Target 2: $700.00 - A significant psychological resistance zone for continued bullish momentum.
3. Target 3: $720.00 - Long-term resistance, signaling the next major rally if breached.
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Strategy
Secure partial profits near $680.00 to lock in gains as the price approaches resistance.
Adjust your stop loss to $665.00 to manage downside risks.
Monitor closely for a breakout above $700.00, targeting a potential move toward $720.00.
š The volume and momentum favor further upside if resistance levels are cleared. Keep an eye on the $700 level for bullish confirmation.