$BNB /USDT BULLISH BREAKOUT ANALYSIS — EYES ON $700+
BNB/USDT is showing signs of bullish momentum as it hovers around $687.71 (+0.80%), approaching a crucial resistance zone with increasing volume and stability.
KEY LEVELS TO WATCH
Current Price: $687.71
Resistance Levels:
🔸 $693.64 (24h High)
🔸 $700 — Major psychological and breakout resistance
Support Levels:
🔹 $680 — Minor intraday support
🔹 $675 — Strong horizontal support
🔹 $660 — Key demand zone
TRADE SETUP — LONG POSITION
Entry: On breakout and close above $694–$695 zone
Targets:
TP1: $705
TP2: $718
TP3: $730
Stop Loss: Below $675 to protect against fakeout
RISK MANAGEMENT
Use 2–3% of capital per trade
Confirm breakout with volume and candle close above $695
Adjust SL to breakeven once TP1 is hit
Conclusion: BNB is testing a breakout region. A strong push above $695 with volume could send it surging toward $700+ levels. Stay alert for confirmation before entry.
> "Let the breakout prove itself—trade the confirmation, not the prediction!"
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