$BNB
1. Entry Point:
If the price closes a clear candle above 692.50 (a genuine breakout of the upper Bollinger band), it is a strong entry signal.
Partial entry is possible currently (between 690 - 692) but with caution.
2. Take Profit 1:
700 (psychological target and potential technical resistance)
3. Take Profit 2:
710 – 715 if the momentum continues and is accompanied by high trading volume.
4. Stop Loss:
680 if this level is broken decisively, it is considered a failure of the current breakout and a correction may begin.
5. Capital Management:
Do not enter with more than 2-5% of your portfolio in a single trade.
You can enter in two installments: the first now, and the second after a firm breakout above 692.
6. Additional Notes:
Monitor the RSI indicator; if it exceeds 70 and remains high for a period, buying saturation signals may start.
Pay attention to news or general market movements that may affect BNB (such as regulatory news, the US market, Bitcoin...).
