Bearish! After this crash, the market is indifferent, and the decline has no support at all! This indicates that everyone is not optimistic about BNB. Therefore, after speculators enter at a high level, it will crash again! It may even drop to 500.
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Bullish
$BNB /USDT: A Precision Play for Quick Gains
In the 15-minute time frame, $BNB /USDT is currently trading at 681.20 USDT, showcasing potential for a short-term upward move. With resistance at 688.10 USDT and support holding firm at 676.70 USDT, this setup is primed for scalping opportunities. Enter a long position at 681.50 USDT once momentum confirms the bullish trend. Aim for tight profit targets with TP1 at 683.50 USDT, TP2 at 685.50 USDT, and TP3 at 688.10 USDT to maximize returns without overextending risk.
To safeguard your trade, place a stop loss at 679.50 USDT, just below the recent support zone. This setup offers a balanced risk-reward ratio, making it an ideal precision trade for quick profits. Monitor volume and RSI closely to confirm momentum strength, and trail your stop loss as targets are achieved.
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