Neutral Range-Bound! Trade BNB Breakout with Caution ⚖️

#BNBUSDT : Squeeze at $650! Prepare for Volatility Breakout"

- Price Action: BNB at $653.61 (+0.27%), sandwiched between MA(99)=646.07 (support) and MA(7)=654.16 (resistance).

- Momentum:

- STOCHRSI (21.19) < MA (23.46) → Weak upside.

- RSI(6)=40.9 (neutral-bearish).

- MACD=-0.86 (DIF < DEA) → Bearish bias.

- Volume: OBV=-1.2M (selling pressure) but bids dominate order book (66.3%) → strong support near $653.

- Macro Trend: -0.06% (30D), -10.28% (180D) → Bearish long-term, but 15.81% (90D) shows recovery potential.

Trade Strategy:

🔥 Breakout Confirmation Needed!

- Bullish Entry: Wait for close above MA(7) ($654.16) → Enter long at $654.50.

- Bearish Entry: Break below MA(99) ($646.07) → Short at $645.

🎯 Take Profit:

- If Long: TP1=$660 (liquidity above), TP2=$666 (July high).

- If Short: TP1=$640, TP2=$635 (180D support).

❌ Stop Loss:

- Long: $649 (below consolidation low).

- Short: $652 (above bid dominance zone).

#BNB #Breakout #Crypto #Trading

Standby until price breaks $654 or $646**. Trade with 2x leverage max. Exit if MACD flips positive (long) or RSI drops below 30 (short).