🔹 Potential Recommendation - BNB/USDT 🔹
✅ Entry Price: 591.26 (current price)
❌ Stop Loss (SL): 585.00 (lowest strong candle, -1.05%)
🎯 Potential Profit Targets:
• TP1: 597.45 (nearest resistance) – +1.05%
• TP2: 600.00 (local peak) – +1.47%
• TP3: 605.00 (psychological resistance + testing a new peak) – +2.32%
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📊 Technical Analysis:
• KDJ (K=39.55, D=46.13, J=26.39): Neutral to weak signal, with a potential for a near-term rebound.
• OBV indicates a decrease in selling momentum, which could open the door for an upward rebound.
• Price movement is within a narrow range between 588 – 600.
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🧠 Trading Notes:
• Entering now is considered low risk with a tight SL.
• It is preferable to use a Trailing Stop after achieving TP1.
• BNB trading is directly influenced by overall market movement and BTC movement.