Open Long Position On #BNB Coin
📌Entry: 640.00 -1% (up-down) {recommended}
🟢Take Profit (TP): 685.00
🔴Stop Loss (SL): 639.25
Analysis and Description:
The $BNB /USDT pair is currently trading near a strong support level. Liquidity below 639.25 has likely been hunted, and the formation of a strong dominance candle indicates a potential bullish move. This creates an ideal opportunity for a long position.
The target is set at 685.00, which is a key resistance level based on recent market trends. Entry around 640.00 is recommended, as it is slightly above the current support zone, providing a favorable risk-to-reward ratio for this setup.
