Abdullah_Thegoat

#MarketRebound
BNB GIVE A CHANCE IF?

BNB/USDT Analysis🔥❤️

🤗Based on the provided chart, we can identify the following support and resistance levels:🤪

💵Support Levels:

✅557.88: This is the 24-hour low and a significant support level.

✅563.68: This is a minor support level.

💶Resistance Levels:

✅571.14: This is the current price level and a minor resistance level.

✅578.60: This is a major resistance level.

✅586.06: This is a significant resistance
level.

✅591.08: This is the 24-hour high and a major resistance level.

📈📈📈📈Long Positions:

Entry: Buy at the current price or if the price breaks above 571.14 with strong volume.

Stop Loss: Place a stop loss order below 557.88 to limit potential losses.

Take Profit: Consider profit targets at
578.60, 586.06, or 591.08, depending on your risk tolerance.📌📍

📉📉📉Short Positions:

Entry: Sell if the price falls below 571.14 and finds support near 563.68.

Stop Loss: Place a stop loss order above 578.60 to limit potential losses.

Take Profit: Consider profit targets at 557.88 or lower, depending on your risk tolerance.📌📍
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