๐๐$BNB /USDT trade analysis and profitable strategy:
๐๐Market Snapshot:
Current Price: $665
24h High: $672
24h Low: $640.66
Trend: Short-term uptrend, followed by a minor pullback
Resistance Zone: $672
๐Support Zone: $658 โ $649
๐Trade Setup:
๐Strategy: $BNB Buy the Dip (Support-Based Entry)
Reasoning:
Price hit 672 (resistance) and is now pulling back.
Strong support zones are around 658 and 650 (previous consolidation + demand zone).
If price shows a bullish reversal near 658โ660, that's a high-probability entry point.
๐Entry Plan:
Entry Zone: $658โ660
Stop Loss: $648 (below last swing low)
Take Profit 1: $672 (previous high)
Take Profit 2: $680+ (if breakout continues)
๐Risk-Reward Ratio: ~1:2.5
Confirmation: Look for a bullish engulfing or hammer candle on the 15m or 1h chart near support.
๐๐Extra Tip:
If you already bought around $665, consider:
Setting a tight stop at $660
Taking partial profit near $672
Letting the rest ride with a trailing stop
๐๐Let's Trade on ๐ $BNB
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