š $BNB /USDT ā Long Trade Opportunity on the Radar
BNB /USDT is signaling bullish momentum on the 15-minute timeframe after consolidating near the 660 support region. A decisive breakout candle has emerged above the recent range, suggesting potential for further upward movement toward higher resistance levels.
š Trade Details
Entry Price:Ā 662.60
Target 1:Ā 664.21
Target 2:Ā 666.04
Target 3:Ā 669.21
Stop-Loss:Ā 661.01
š”ļø Risk Management
Consider limiting your position size to 3ā5% of your total portfolio for this trade. Once the first target is reached, adjust your stop-loss to the entry price to protect your profits and reduce risk exposure.
š Key Insights
Look for BNB to maintain levels above 663.01 with increasing volume as a sign of strong bullish continuation.
A swift retest of the breakout zone, followed by a solid rebound, could provide a secondary entry point for traders who missed the initial move.
Stay informed, manage your risks wisely, and trade responsibly!