Looking at the $BNB /USDT 15-minute chart:
Current Price: $607.61
Resistance Levels: $611.17, $612.23, and $612.87
Support Levels: $607.56, $596.96, $586.98, and $580.71
Trend: Price appears to have pulled back after reaching the resistance around $612.87. It’s currently testing the $607.56 support.
Possible Trade Setup:
Long Trade (Buy):👀👈
Entry: Around $607.56 if it shows signs of holding this support.😁
Target: $611.17 (first target) and $612.23 (second target).💸
Stop-Loss: Below $596.96 to minimize downside risk.🎉
Short Trade (Sell):👀👈
Entry: If the price breaks below $607.56 and confirms the breakdown.😁
Target: $596.96 (first target) and $586.98 (second target).💸💀
Stop-Loss: Above $611.17.🤡
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