Short Trading Signal for $BNB /USDTCurrent Value: $682.28
Entry Range: $680.00 - $684.00
Target 1: $690.00
Target 2: $696.00
Stop Loss: $675.00
Market Observation:
$BNB is trading near a critical support zone of $680. Recent price action indicates potential consolidation, with buyers showing interest in maintaining the price above $680. A breakout above $684 could push the price towards $690 and potentially $696 if bullish momentum strengthens.
Strategy:
Buy within $680.00 - $684.00.
Place a stop loss at $675.00 to manage risk.
Consider taking partial profits near $690.00 and fully exiting at $696.00 if the bullish trend sustains.
Key Levels to Watch:
Resistance: $690.00, $696.00
Support: $680.00
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