šŸš€ $BNB /USDT Analysis ā€“ Is a Breakout on the Horizon? šŸ”„

The BNB/USDT pair is currently trading at 691.47, reflecting strong bullish momentum on the 15-minute chart. The price is approaching the daily high of 697.08, but resistance at 697.50 remains a key obstacle. Buyers are driving the trend with higher highs and higher lows, though sellers are active near the resistance zone.

šŸ”‘ Key Levels to Watch:

Resistance: 697.50 ā€“ A breakout here could pave the way for 699-705.

Support: 680 ā€“ A crucial level for bulls to hold during a pullback.

šŸŽÆ Entry Strategies:

Bullish Entry: Wait for a confirmed breakout above 697.50 (e.g., a strong green candle). Target 699+, with a stop-loss near 695.

Bearish Entry: If 697.50 gets rejected, consider shorting with a target of 680 and a stop-loss at 697.

Momentum is building ā€“ will bulls break through, or will sellers take control? Keep a close watch on these critical levels! šŸ“ˆ

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