#BNB_Market_Update $BNB
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🧭 BNB Market Analysis Now
Current price (as of May 30, 2025): Around $672.45
Current trend: Sideways to bullish
Strong resistance: $700
Strong support: $650
Volume & momentum: Starting to increase, but no major breakout yet
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✅ Buy Strategy (Long Position)
📌 When to enter BUY?
Enter when the price corrects to the strong support area, but still in an uptrend.
Ideal entry (BUY LIMIT):
$665 – $670
Take Profit Target (TP):
$679 – $685
Stop Loss (SL):
$658
📝 Reason:
The price of BNB has bounced from $665 several times, so that could be a strong buy zone. But always set a SL to be safe in case of a breakdown.
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❌ Short Strategy (Sell Position)
📌 When to enter SHORT?
Enter when the price approaches resistance and fails to breakout (false breakout/rejection).
Ideal entry (SELL LIMIT):
$698 – $705
Take Profit Target (TP):
$685 – $675
Stop Loss (SL):
$710
📝 Reason:
The $700 area is BNB's old resistance. If the price rises to that point but fails to break through (candle rejection on 1H/4H), it could signal to take a short position.
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⚙️ Additional Tips to Maximize 0 Maker Fees
Activate “Post Only” when placing limit orders.
Use reasonable leverage (3x – 5x) to protect capital.
Pay attention to candle patterns in the entry area, such as doji, shooting star, or hammer for confirmation.
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