$BNB /USDT BULLISH BREAKOUT SETUP – READY FOR LIFT-OFF!
Current Price: $692.76
BNB is showing strong bullish momentum with higher lows and a breakout attempt above the key resistance zone. The price action suggests a continuation of the uptrend.
KEY LEVELS:
🔹 Support: $676 – Strong support zone from previous consolidation.
🔹 Resistance: $694 – Immediate resistance, breakout here confirms bullish continuation.
🔹 Next Major Resistance: $710 – Previous swing high and psychological barrier.
TRADE SETUP (LONG):
Entry: On breakout above $694
Targets (TP):
• TP1: $710
• TP2: $725
• TP3: $740
Stop Loss (SL): $678 (below support zone)
RISK MANAGEMENT:
Risk only 1-2% of capital per trade. Always use SL to protect against volatility. Move SL to breakeven after TP1 hit for a safer ride.
Trend is your friend – ride the breakout, but manage your risk wisely!
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