$BNB /USDT – Are Bulls Gaining Momentum?

📊 Current Price: $647.53 (-2.64%)

🔥 Key Levels:

Support: $640.00 – Staying above this level keeps buyers in control.

Resistance: $655.00 – A breakout could lead to further upside.

📈 Bullish Setup (Long Trade):

Entry: $645.00 - $648.00 (On a slight pullback)

Take Profit Targets:

TP1: $652.00

TP2: $660.00

TP3: $670.00

Stop Loss: Below $639.00

📉 Bearish Setup (Short Trade):

Entry: $650.00 - $655.00 (If rejected at resistance)

Take Profit Targets:

TP1: $645.00

TP2: $640.00

TP3: $630.00

Stop Loss: Above $658.00

📊 Market Overview:

Binance Coin is showing signs of recovery after a dip but faces resistance at $655.00. If bulls break through, a rally could follow. However, a rejection at this level might push the price lower.

💡 Pro Tip: Watch for volume confirmation—strong buying pressure at $655.00 could signal a breakout! 🚀