BNB/USDT analysis suggests a bullish breakout is imminent, with key levels to watch:
- Current Price: $609.42 (+0.90%)
- Entry Zone: $605-$610 (key support bounce)
- Stop-Loss: $595 (below recent swing low)
- Take-Profit Targets:
- TP1: $625 (immediate resistance break)
- TP2: $640 (next liquidity zone)
- TP3: $650+ (ATH retest potential)
Reasons for the bullish outlook:
- Holding above $600: Strong support
- 24h High: $612 (testing resistance)
- Volume: $141.8M (institutional interest)
Next key levels:
- $620
- $640
- $650+
This analysis is based on technical indicators and market trends. Always do your own research and consider risk management before making trading decisions
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