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– Preparing a long trade signal
Current price: $684.41
Timeframe: 15 minutes
Entry zone: $683 – $685
Support: $679
Resistance: $692
Trading targets:
• TP1: $688
• TP2: $692
• TP3: $695
Stop loss: Below $677
BNB has bounced from its daily low of $679.63 and shows signs of strength. Buyers are entering with the potential for movement towards the resistance area of $695.
Momentum confirmation above $685 may provide a suitable long setup.