Setup for $BNB
/USDT
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1. Coin Name:
$BNB /USDT*
*2. 24-Hour Change*:
*+0.57%*
- *Current Price*: *584.73*
- *24h High*: *588.87*
- *24h Low*: *571.13*
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*3. Targets*:
- *TP1*: *588.87* – 24-hour high resistance level.
- *TP2*: *600.00* – Next key resistance level.
- *TP3*: *610.00* – Higher resistance zone.
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*4. Entry Time*:
- *Long Entry*: Enter a *long position* if the price holds above *584.73* with sustained bullish momentum. Look for price action confirmation around *584.73* to potentially reach *TP1* at *588.87*.
- *Short Entry*: Consider entering a *short position* if the price falls below *579.98* (25-period moving average).
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*5. Stop Loss*:
- *Stop Loss (for Long)*: Below *579.98* (25-period moving average).
- *Stop Loss (for Short)*: Above *588.87* (24-hour high resistance level).
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*6. Take Profit*:
- *Take Profit (TP1)*: *588.87* – 24-hour high resistance level.
- *Take Profit (TP2)*: *600.00* – Next key resistance level.
- *Take Profit (TP3)*: *610.00* – Higher resistance zone.
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*7. Maximum Profit*:
- *Maximum Profit*: If the price reaches *610.00*, the potential profit would be around *4.3%*.
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*8. Maximum Loss*:
- *Maximum Loss*: If the price drops below $579.98*, you could face a potential loss of~1%.