$BNB /USDT Trading Signal - Bullish and Bearish Scenarios
Bullish Scenario:
Entry Zone: $699.00 - $701.00
Target 1: $705.00
Target 2: $710.00
Stop Loss: $695.00
Market Observation:
BNB/USDT is attempting to break key resistance near $700. Sustained buying above this level could lead to a rally toward $705.00 and $710.00. Monitor volume for confirmation of a breakout.
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Bearish Scenario:
Entry Zone: $698.50 - $699.00 (Short Position)
Target 1: $695.00
Target 2: $692.00
Stop Loss: $702.00
Market Observation:
If BNB fails to hold above $699.00, a reversal could occur, leading to a decline toward $695.00 and $692.00. A stop-loss above $702.00 is recommended to manage risk.