🔥 $BNB /USDT – Binance Coin Market Update 🔥

📉 Market Snapshot: Tight Range, Cautious Tone

1️⃣ Resistance Building at $600+

▪️ $600.49 acting as ceiling — multiple rejections.

▪️ Breakout needs volume above $601.

2️⃣ Support Holding Near $593.40

▪️ Price is hugging support, showing indecision.

▪️ If broken, eyes on $585 and $578 levels.

3️⃣ Low Volatility Consolidation

▪️ Sideways chop between $593 – $600 = no-trade zone for scalpers.

▪️ Preparing for breakout or breakdown.

4️⃣ Short-Term Trend: Flat to Mildly Bearish

▪️ Below $600 = pressure stays downward.

▪️ Momentum only favors bulls above $603+ with strength.

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📊 Trade Setup Options

🔻 Bearish Setup (Breakdown Play):

🔸 Entry: $592 - $593

🎯 Targets: $588 / $584 / $578

🛑 Stop Loss: $597

🔼 Bullish Breakout Flip:

🔸 Entry: $602+ on strong candle

🎯 Targets: $608 / $612 / $620

🛑 Stop Loss: $598

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⚠️ Risk Notes:

▪️ Tight stop placements needed — low volatility = sharp fakeouts

▪️ Volume confirmation is key on breakout above $600

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