🚨$BNB /USDT Technical Analysis🚨

📊$BNB currently trades at $713.40, displaying a slight upward trend within a consolidation pattern.

📈Long Entry: Consider a long entry above the recent high of $725.61 with a stop-loss below the current low of $693.71.

📉Short Entry: A potential short entry could be placed below the recent low of $693.71 with a stop-loss above the current high of $725.61.

⚠️Disclaimer: This analysis is for informational purposes only and does not constitute financial advice.

Additional Considerations:

🔸 Keep an eye on the overall market sentiment and news events that could impact BNB's price.

🔸 Consider using technical indicators to confirm entry and exit signals.

🔸 Manage your risk by using appropriate stop-loss orders.

📝Note: This analysis is based on the provided chart and may change as market conditions evolve.

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