$BNB /USDT Trade Signal – 17 April 2025
BNB is currently trading at $587.64, showing bullish momentum with a +0.99% gain in the last 24h. The price recently touched a 24h high of $587.79, signaling strong buying pressure.
30-minute Chart Highlights:
Price is above all key MAs: MA(7) = $586.52, MA(25) = $584.06, and MA(99) = $582.96, indicating short-term bullish control.
Strong breakout from consolidation with a clean bullish candle.
24h Volume confirms solid market activity: 152,466 BNB & 88.96M USDT.
Long Entry:
Buy at $586–588 with targets at $592 / $598. SL below $582.
Short Entry (only on rejection):
Short if it fails to hold above $588, with targets at $582 / $576. SL above $589.50.
Momentum is favoring bulls, but caution near resistance is key. Trade with discipline!
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