$BNB
/USDT Technical Analysis & Trade Signals
Current Price: $697.38 (-2.98%)
Trend: Bearish on shorter timeframes consolidating near support
Key Levels
Resistance: $715, $731 (24h high
Support: $690, $675 (recent lows).
Trade Signals
1. Entry Point
Buy near $675-$680 for a potential rebound.
Sell below $675 for further downside momentum.
2. Targets 🎯
Target 1: $705 (short-term).
Target 2: $720 (medium-term).
Target 3: $735 (long-term).
3. Stop Loss:
For Long: Below $670.
For Short: Above $735.
Trade Momentum
15m Chart:Weak selling pressure possibleshort-term recovery
1D Chart: Consolidation zone; wait for breakout above $715 for bullish momentum.
RSI: Oversold (~30), indicating potential reversal.
Recommendation:
Monitor closely for a bounce from $675 or a breakout above $715 for clearer momentum.
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