#BNB
š BNB/USDT Trade Signal š
š¹ Position: Long
š¹ Entry Zone: $615 - $625
š¹ Stop Loss: $598
š¹ Target 1: $645 (65% Probability)
š¹ Target 2: $670 (50% Probability)
š¹ Target 3: $690 (35% Probability)
š¹ Stop Loss Probability: 30%
š Trade Setup Analysis:
BNB/USDT has broken above key resistance levels, showing a strong bullish move.
EMA Structure: Price is above the 7-day and 25-day moving averages, confirming an uptrend.
Volume Surge: A significant volume increase supports the bullish momentum.
Momentum Indicators: RSI at 84, suggesting strong momentum but nearing overbought territory.
ā ļø Key Risks & Considerations:
A short-term retracement to $615 - $625 before continuation.
A break below $598 could invalidate the bullish setup.
Resistance at $645 may lead to temporary consolidation.
šø THIS IS MY ANALYSIS šø
š Please do your own research, and if it aligns with your strategy, then consider taking the trade.
