$BNB
🚨 BNB Trading Signal – Daily Binance Squerd
Here is the technical outlook & quick strategy for BNB today:
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📊 Current Market Condition:
The price of BNB is in the range of $730–731; up ~+1.7% from yesterday
Current position is at the upper part of the weekly ascending channel
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🔍 Key Levels & Momentum:
Strong support: range $639–$665 (SMA20/50/200 upward)
Major resistance: $707–708 short-term breakout area; next area $737–750
BNB is at the upper band of the recent box, bullish momentum awaits a breakout with volume
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🤖 Signal & Strategy:
Strategy Entry Zone Target Stop Loss
Breakout above ~$738 $750–770 below $720
Retrace dip $708–720 $738–750 below $707
📌 Risk if breakout fails: possibility of dropping to support $700–707.
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🔔 Quick Summary:
Bullish momentum, waiting for confirmation to break $737
Low volatility, breakout area full of potential
Recommendation: Short entry on retrace, or breakout min $738
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🤝 This is not financial advice—always DYOR & use SL.
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