**Trade Suggestion for BNB/USDT**

**Current Price:** $617.10 (+1.84%)

**24h Range:** $597.89 (Low) to $617.88 (High)

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### **Key Observations:**

1. **Bullish Momentum**: Price is near the 24h high ($617.88) with positive trends over 7-day (3.18%) and 30-day (11.71%) periods.

2. **Resistance**: Strong sell orders cat

$617.15–617.19 (19.755–30.986 BNB) may temporarily cap upside.

3. **Support**: Bid clusters at $617.05–617.07 and lower levels indicate buying interest.

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### **Trade Plan**

**Entry Point**:

- **Long**: Buy at **$615.50** (break above 24h high of $617.88 with confirmation).

- *Alternative*: Buy on pullback to **$61200** (support level).

**Stop Loss**:

- **$610.00** (below immediate support to avoid false breakouts).

**Take Profit**:

- **TP1**: **$625.00** (next psychological resistance).

- **TP2**: **$630.00** (extended bullish momentum).

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### **Rationale**:

- **Breakout Strategy**: A close above $617.88 signals continuation of the uptrend.

- **Risk Management**: Tight stop loss limits downside risk if resistance holds.

- **Volume Support**: High 24h USDT volume ($155M) confirms liquidity and participation.

**Note**: Monitor order book depth for sudden sell pressure above $617.15. Adjust TP levels if resistance strengthens.#bnb #TradeStories