$BNB /USDT Trade Setup
Market Insight:
$BNB is trading at $689.07, up 2.71% in the past 24 hours. It’s holding above the mid-Bollinger Band and testing resistance near the upper band, signaling bullish momentum but potential short-term resistance.
Entry:
📌 Buy Zone: $680 – $688
(Entering slightly below current price allows catching a pullback within uptrend structure.)
Targets:
🎯 Target 1: $696 – Near upper Bollinger Band resistance
🎯 Target 2: $708 – Previous swing high resistance zone
🎯 Target 3: $720 – Extended rally target if BTC strength continues
Stop Loss:
🛑 $667 — Below the lower Bollinger Band and recent 24h low, to protect against trend reversal.
Key Levels:
Support: $675 / $667
Resistance: $696 / $708
Pivot Point: $686 (Bollinger Band midline)
Pro Tip:
Watch BTC price action—BNB often follows BTC’s momentum. Use trailing stops if BNB breaks above $696 with volume to ride the trend higher.
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