#WYSTStablecoin technical analysis and trade signal for $BNB /USDT:

BNB

636.35

+2.23%

Current Price: $730.13 (+2.33%)

Trend: Bullish (short-term), Consolidating (long-term)

Support: $711.80 (24h Low)

Resistance: $737.37 (24h High)

The price is in a bullish short-term momentum, having bounced off the support level around $711.80 and reaching toward the resistance level at $737.37. The SAR (Stop and Reverse) level is at $721.44, which could act as a key indicator for short-term trend reversal. If the price breaks below this SAR level, there could be a possible pullback toward the support.

Trade Signal:

Trade Type: Long (Buy)

Entry: $730.13 (current price)

Stop Loss: $721.44 (SAR level)

Take Profit Targets:

Target 1 (T1): $737.37 (previous 24h high)

Target 2 (T2): $745.00 (next psychological resistance)

Target 3 (T3): $755.00 (higher resistance level, possible breakout)

Trade Momentum:

Bullish Momentum: The price has shown a positive momentum (+2.33%) and remains above the SAR level, suggesting the ongoing bullish trend could continue in the short term.