BNB to the Moon or a Pause at $650? Here’s the Game Plan
$BNB has been climbing like a rocket lately, and traders everywhere are watching closely to see if it’s about to break past the $650 mark. The chart shows a strong uptrend, with clean higher highs and solid bullish volume pushing the price from a low of $583 all the way to the current level near $624. This move isn’t just noise — it’s being backed by momentum and volume, two of the strongest signals you can ask for.
You’ll notice that BNB recently touched $628.34, a fresh local high. If that level breaks with conviction (look for a strong green candle and increasing volume), the next targets are $640 and then the big psychological barrier at $650. But price rarely moves in a straight line — there may be a dip before the climb.
Three Ways to Trade BNB’s Next Move
1. “Ride the Rocket” – The Breakout Play
If BNB charges above $628 with strong volume, that’s your cue. Enter the trade with a target at $640, and let the rest ride toward $650. Set a stop-loss just below $620 in case things turn south.
2. “Catch the Dip” – The Patient Buy Zone
Prefer to play it safer? Watch for a pullback toward the $610–$615 support area. If BNB holds and shows strength (like a bounce candle), that’s your green light to go long. You’ll get a better price with less risk. Stop-loss just below $600.
3. “Fade the Hype” – The Short-Term Reversal Bet
If BNB fails to break $628 and volume starts to drop, it could be forming a double top. That’s a chance for short sellers to step in. Target the $610 or $600 support levels, but don’t get greedy — place a stop above $630 to keep it tight.
Right now, the momentum favors the bulls, but the key lies in whether $628 gets smashed or holds firm. Either way, the setup is juicy — all that’s left is for you to pick your strategy.
#TradeStoreis #Write2Earn
You’ll notice that BNB recently touched $628.34, a fresh local high. If that level breaks with conviction (look for a strong green candle and increasing volume), the next targets are $640 and then the big psychological barrier at $650. But price rarely moves in a straight line — there may be a dip before the climb.
Three Ways to Trade BNB’s Next Move
1. “Ride the Rocket” – The Breakout Play
If BNB charges above $628 with strong volume, that’s your cue. Enter the trade with a target at $640, and let the rest ride toward $650. Set a stop-loss just below $620 in case things turn south.
2. “Catch the Dip” – The Patient Buy Zone
Prefer to play it safer? Watch for a pullback toward the $610–$615 support area. If BNB holds and shows strength (like a bounce candle), that’s your green light to go long. You’ll get a better price with less risk. Stop-loss just below $600.
3. “Fade the Hype” – The Short-Term Reversal Bet
If BNB fails to break $628 and volume starts to drop, it could be forming a double top. That’s a chance for short sellers to step in. Target the $610 or $600 support levels, but don’t get greedy — place a stop above $630 to keep it tight.
Right now, the momentum favors the bulls, but the key lies in whether $628 gets smashed or holds firm. Either way, the setup is juicy — all that’s left is for you to pick your strategy.
#TradeStoreis #Write2Earn
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BNB
657.91
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