#tradestories
As of May 13, 2025, Binance Coin (BNB) is trading at approximately \$663.05. The BNB/USDT pair has recently broken out of a consolidation phase, indicating potential bullish momentum.
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### 🔍 Market Overview
* **Current Price**: \$663.05
* **24h High**: \$690.37
* **24h Low**: \$649.90
* **24h Change**: +1.89%
The Relative Strength Index (RSI) is at 48, suggesting that BNB is not in overbought territory, leaving room for upward movement. ([TradingView][1])
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### 📈 Trade Setup for BNB/USDT
#### 🔹 **Bullish Scenario**
* **Entry Point**: If BNB breaks above the resistance at \$670 with strong volume, consider entering a long position.
* **Take Profit (TP)**: \$690 (TP1), \$700 (TP2)
* **Stop Loss (SL)**: \$655([Binance][2], [Binance][3])
This setup capitalizes on the momentum from the recent breakout, aiming for a continuation towards higher resistance levels.
#### 🔹 **Bearish Scenario**
* **Entry Point**: If BNB fails to sustain above \$660 and shows signs of reversal, consider entering a short position.
* **Take Profit (TP)**: \$650 (TP1), \$640 (TP2)
* **Stop Loss (SL)**: \$670
This approach anticipates a pullback if the breakout lacks sufficient volume or market support.
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### ⚠️ Risk Management Tips
* **Position Sizing**: Risk only 1-2% of your trading capital per trade.
* **Confirmation**: Wait for candle close above/below key levels before entering.
* **News Monitoring**: Stay updated with market news that could impact BNB's price.
