$BNB /USDT Analysis – Key Trade Levels
Long Trade Setup
Entry Range: $700 - $705
Target 1: $715
Target 2: $725
Stop Loss: $695
Observation: A potential bullish reversal pattern is emerging. Entering within the range of $700-$705 provides a good risk-reward ratio, targeting the key resistance levels at $715 and $725.
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Short Trade Setup
Entry Range: $702 - $707
Target 1: $695
Target 2: $685
Stop Loss: $710
Observation: If the price fails to sustain above $707, a breakdown is likely. Entering a short trade between $702-$707 targets the recent support levels at $695 and $685.
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Market Behavior
1-Hour Candlestick Pattern: Mixed volatility with strong rejections at upper resistance zones.
Indicators: Monitor volume and RSI for confirmation of breakout or breakdown.
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This strategic setup allows for both bullish and bearish scenarios, depending on price action. Manage your risk carefully, and stick to your stop-loss levels.#MicroStrategyStockSale #BTCBelow92K #DEXVolumeRecord