๐๐๐#BNBAnalysis ๐๐๐๐
๐Below are the technical analysis, key levels, entry strategy and trading signal for $BNB /USDT:๐ต๐๐๐
๐ตKey levels:- Resistance: 530.5, 535.8, 537.7- Support: 514.1, 512.8, 488.0๐ตEntry strategy:
- Buy when the price breaks above the resistance level of 530.5 with strong volume and momentum.
- Sell when the price fails to break above the resistance level and shows signs of reversal.
๐ตTrading signal:
- The current price is $528.5, up by 1.28%.
- The BOLL (20, 2) bands are showing an upward trend with the middle band at 521.9.
- The 24-hour high was at 530.5 and the low was at 512.8.
- The 24-hour volume in BNB is 183,523.97 and in USDT is 95.98M.
โถ๏ธOverall, the market for $BNB /USDT is showing positive momentum with a potential for a breakout above the resistance level of 530.5. Traders should monitor the price action closely and manage their risk accordingly.๐โ ๏ธ
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