🚨 $BNB /USDT Trading Signal 🚨
Signal Type: Long (Potential Recovery)**
Entry Point: $677 (Current Price)
Targets:
TP1: $690 (Immediate Resistance Level)
TP2: $705 (Next Key Resistance)
Stop Loss: $660 (Below Recent Support)
Analysis:
BNB/USDT is forming a potential reversal pattern after consolidating near $677. The price may push higher if it breaks above $680 with significant volume. This setup offers a favorable risk-to-reward ratio with clearly defined targets and stop-loss levels.
Recommendation:
Enter a long position at $677.
Secure partial profits at TP1 ($690) and adjust the stop loss to breakeven.
Hold the remaining position for TP2 ($705).
Risk Level: Moderate
Stay updated and watch for price movement around the $680 resistance.
