$BNB /USDT Analysis Update
Current Price: $690
Daily Change: -3.94%
After hitting a 24-hour high of $720.80, $BNB
has pulled back, finding support near $681. The current price action suggests a consolidation phase after recent volatility.
Key Levels to Watch:
Resistance: $700 - $725 (recent highs)
Support: $680 - $675 (recent lows)
Strategy Insight:
A potential breakout above $700 could open the doors to retesting $725 or even higher targets around $750. However, if bearish pressure increases, $675 might become a critical support zone for buyers to defend.
Target:
Bullish Target: $725
Bearish Target: $675
Trade with caution and set stop-loss levels appropriately to manage risk.
Stay tuned for further updates!
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