🚨$BNB /USDT Analysis🚨

📊$BNB USDT is currently trading at 616.44, down 4.18% in the last 24 hours. The 24-hour high and low are 647.00 and 607.62, respectively. The 24-hour trading volume is 810,057.70 BNB and 508.81M USDT.

The 5-minute chart shows a recent bearish trend with a downward sloping EMA. We can consider a short 📉position with an entry around 616.44 and a stop-loss🛑 at 620.00. For a long position📈, we can wait for a potential dip and entry🚀 around 610.00 with a stop-loss🛑 at 605.00.

⚠️Please note: This is just an analysis and not a financial advice. Always do your own research before making any investment decisions.

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