Trading Guide
🔎 Current Situation
Price: $797.94 (slight upward trend)
Daily Range: $757 – $802
Momentum Indicators:
RSI ~62 → Still in bullish zone
MACD & moving averages indicate a positive trend
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📊 Key Support & Resistance Levels
Support Zones:
$775–780: Strong response during recent pullbacks
$715–722: Stable daily support
Resistance Targets:
First Target: $800–805 (current high-break zone)
Main Target: $840–880 → further resistance near $900
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💡 Trading Guidelines
1. Long Positions:
If price pulls back to $775–780, this is a good buy zone. Place stop-loss below $760.
On breakout (close above $805), set entry with targets up to $840–880.
2. Short Positions / Profit Booking:
Consider booking profits at $800–805 or $840–880.
If price closes below $775, stop-loss should be triggered.
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⚙️ Practical Trading Plan for Traders
Stage Entry Point Stop Loss Target Point Trade Mechanism
A Pullback at $775–780 $760 $800 Low-risk long
B Breakout above $805 $795 $840–880 Momentum long
C Price closes below $775 $785 SLA $760 Long safety net
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🔍 Technical Analysis Basis
BNB recently broke out of the $650–700 range, forming a strong bullish structure.
On-chain indicators (MACD bullish crossover, RSI >60) reinforce bullish momentum.
Key price levels like $775–780 offer pullback zones, while $805–840 represent major resistance for breakout targets.
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