$BNB Trading Update – Bullish Momentum in Play!
$BNB is showing strong upward movement, currently trading at $718.15 (+2.49%) with a 24h high of $721.84. The market is signaling a potential continuation of the bullish trend as buyers remain active.
Key Highlights
Support Level: $697.03
Resistance Level: $721.84
Next Target: $723.50 (Breakout Potential)
Trading Strategy
Entry: Look for retracements around $715-$717 for long positions.
Take Profit: Gradual targets at $723.50 and $730.
Stop Loss: Below $710 for risk management.
Observation: BNB has bounced significantly off its 24h low, maintaining strong trading volume. Watch closely for consolidation near $718 as a base for the next leg up!
Start trading now and ride the trend on Binance!
