🚨 $BNB /USDT Technical Analysis & Trade Ideas 🚨

Current Price: 670.00 USDT (+0.15%)

24H High: 680.58 USDT

24H Low: 618.69 USDT

BNB/USDT is currently recovering after hitting a key support zone at 618.69. The recent bounce shows potential for a bullish reversal, but the pair faces resistance at 699.79, which must be broken for continued upside.

Long Entry Strategy:

Entry Zone: 655.00 - 670.00 (on confirmation of higher lows)

Target 1: 699.79

Target 2: 737.00

Stop Loss: Below 650.00

Short Entry Strategy:

Entry Zone: Near 699.79 - 700.00 (on rejection with weak volume)

Target 1: 670.00

Target 2: 650.00

Stop Loss: Above 705.00

BNB's price action suggests a potential test of 699.79 resistance. A breakout could signal a retest of the recent high at 737.37, while a failure might drive the price back toward the 650.00 support level. Adjust your stop-loss levels dynamically to lock in profits during volatile price action.

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