$BNB /USDT Trading Analysis – Bullish Breakout Opportunity
$BNB /USDT has surged to $634.78, marking a +4.54% increase in the last 24 hours, with a high of $635.20 and a low of $601.88. The strong bullish momentum, reflected in the sharp green candlestick on the 15-minute chart, indicates a potential breakout.
Trading Signal – Long Entry
Entry Price: Buy at $630-$635
Target 1: $645
Target 2: $655
Stop Loss: $620
Analysis & Strategy
The price has broken key resistance levels with strong volume, signaling continued upward momentum. Traders should look for a slight pullback to enter long positions. However, setting a stop loss at $620 ensures risk management in case of a reversal.
Conclusion
BNB is showing a strong uptrend, and if buying pressure continues, it could test $645-$655 levels. Watch for volume confirmation and manage your risk accordingly.
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