$BNB /USDT Bullish Trading Signal – 13th March 2025
Current Price: $580.03
24h High: $582.82
24h Low: $548.34
24h Change: +3.86%
Technical Analysis: MA(7): 580.66 (Near current price, short-term trend) MA(25): 581.16 (Slight resistance) MA(99): 580.13 (Acting as a pivot point) Support Levels: $579.00, $575.00 Resistance Levels: $582.80, $585.00 Trading Strategy:
✅ Bullish Scenario: If BNB breaks above $582.80 with strong volume, expect a move towards $585–$590. Consider a long entry with a stop-loss at $575.
❌ Bearish Scenario: If BNB fails to reclaim $582.80 and falls below $579, a drop to $575 or lower is likely. Consider a short entry with a stop-loss at $585.
Suggested Trade: Buy Entry: $581–$582 Sell Target: $590 Stop Loss: $575
📌 Risk Management: Use 2–3% stop-loss to protect capital. Always monitor price action and adjust your strategy accordingly.