🔥 $BNB Bulls Regaining Control – Is $650 the Next Target? 🚀📊
$BNB/USDT is back on the rise, currently trading at $644.97, up +1.67% in the last session. After testing the $625.80 support level, buyers have stepped in, pushing the price back up.
📈 Bullish Trading Setup:
🔹 Entry: Long above $645 for a continuation rally.
🔹 Targets: $650 → $655 → $660 if momentum sustains.
🔹 Stop Loss: Below $640 to manage risk.
🔹 Confirmation: A strong green candle closing above $645.
📉 Bearish Trading Setup:
🔹 Entry: Short if rejection occurs below $650.
🔹 Targets: $640 → $635 → $625 if sellers take control.
🔹 Stop Loss: Above $655 to avoid fakeouts.
🔹 Confirmation: A lower high forming under resistance.
📊 Key Levels to Watch:
🔸 Resistance: $650 - $654 (Crucial breakout zone).
🔸 Support: $625 - $630 (Strong demand area).
💡 Market Sentiment:
$BNB is attempting to recover losses, but the battle at $650 remains key. If buyers dominate, we could see a breakout toward $660.
📢 Final Thoughts:
Is $BNB ready for another surge, or will sellers pull it back? Let’s discuss below! 🚀🔥
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