Trade Recommendation For $BNB USDT

Short Positions:

➡️Entry Point: If the price breaks below $593.1 with strong volume, consider entering a short position.

ℹ️Stop Loss: Place a stop loss just above the recent high of around $603.6 to manage risk.

ℹ️Take Profit: Set initial take profit targets at psychological levels like $590 and $585.

Long Positions:

➡️Entry Point: Consider entering a long position if the price shows a strong reversal and moves above the MA(7) around $595.6 with significant buying volume.

ℹ️Stop Loss: Place a stop loss just below the recent low at $593.1.

ℹ️Take Profit: Set initial take profit targets at $598 (MA(25)) and $600 (MA(99)).