๐จ $BNB /USDT โ Pullback or Prepping for a Breakout? ๐ฅ
$BNB is holding steady near $671 after dipping slightly. With major resistance and trend signals converging, is it time for a breakoutโor a deeper correction?
๐ Market Overview
๐ Current Price: $671.54
๐ 24h High: $690.06
โ๏ธ 24h Low: $665.70
๐ 24h Volume: 271,456.79 BNB / $184.53M USDT
๐ Indicators:
MA(7): $672.49
MA(25): $679.46
MA(99): $680.65
RSI(6): 37.03 (Oversold territoryโpossible bounce?)
MACD: Weak but stabilizingโmomentum building
๐ BNB Trade Setup โ Key Levels to Watch
๐น Bullish Scenario (If BNB Holds Above $670):
Entry: Above $675
Targets: $690, $697, $710+
Stop-Loss: $660
๐น Bearish Scenario (If BNB Breaks Below $660):
Entry: Below $660
Targets: $650, $640, $620
Stop-Loss: $675
๐ Should You Hold or Exit?
โ RSI near oversold = potential reversal setup
โ Strong horizontal support around $665โ$670
โ ๏ธ Below $660 = risk of short-term sell-off
๐ก Pro Tip:
๐ Watch for a reclaim of $680 with strong volumeโthis could trigger momentum to $700+
โ ๏ธ Consolidation below $670 might signal weakness, especially if BTC turns bearish
๐ข Whatโs your next move on $BNBโbuying the dip or waiting for confirmation?
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