Here’s a trade setup based on the given Binance Coin ($BNB ) technical analysis:

Trade Details:

Instrument: Binance Coin (BNB)

Trade Type: Long (Buy)

Entry Price: 632

Stop Loss (SL): 530

Take Profit (TP): 730

Trade Rationale:

BNB is moving within a horizontal trend channel, indicating a range-bound movement.

Support levels: 540 and 600 → Price is currently above these, reinforcing bullish bias.

Resistance levels: 700 and 782 → TP is below major resistance, offering a high-probability exit.

Risk-reward ratio: ~1:1, making it a balanced trade with a clear entry and exit strategy.

Risk Management:

If price breaks below 540, the trend may turn bearish, warranting an exit.

If price nears 730, consider partial profit booking or a trailing stop.

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