$BNB
USDT BULLISH MOMENTUM – CAN THIS BREAKOUT REACH NEW HIGHS? 🚀
The current price action of $BNBUSDT is at 657.87 USDT, showing strong bullish momentum after a vertical rally from the 645 support zone. The market has formed a powerful bullish engulfing structure, indicating potential continuation towards the next key resistance.
🔑 Key Levels:
Support: 655.50 – 655.70 USDT zone
Resistance: 667.80 – 670.00 USDT zone (Target zone)
📈 Trade Setup (Long):
Entry: 657.80 – 658.20 USDT
Take Profit (TP): 667.80 USDT
Stop Loss (SL): 655.50 USDT
📊 Market Outlook:
$BNB has shown a strong vertical breakout supported by bullish volume, indicating aggressive buying pressure. If the price holds above 655.50, continuation to 667.80 remains likely. A rejection at resistance may trigger short-term pullbacks but overall trend remains bullish.
⚠️ Risk Management:
Maintain a strict stop-loss at 655.50 to manage downside risk. Position sizing should not exceed 1-2% account risk per trade for optimal capital preservation.
buy and trade here on $BNB
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