$BNB /USDT targets $730 – Strong upward potential ... #BNB is currently trading at $581.86 after a recent drop to $500. With momentum building, a potential move back towards the previous peak at $732 is on the radar.
Key levels to watch
Resistance: $613 – A break above this level could push BNB towards $650 and $730.
Support: $567 – Maintaining this level is crucial to sustain upward momentum.
Trade setup
Long entry: Current price levels provide a strong buying opportunity, targeting $620, $670, and $730.
Stop loss: Below $550 to manage downside risk.
Market insights
BNB has recovered from its recent lows, indicating accumulation.
A breakout above $613 could lead to a strong rally.
Volume confirmation is key for continued upward movement.
This could be a key opportunity for long-term gains.