#BNB_Market_Update
📊 BNB Position Strategy (as of July 2025)
Trend: BNB is in a strong uptrend, trading above key moving averages.
Current Price Zone: Around $631–$648, showing bullish momentum.
🛡️ Support Levels
LevelDescription$600–605Psychological support + near 50-day MA (583)$572200-day moving average (major technical support)$565Suggested stop-loss zone
These levels act as bounce zones if BNB pulls back.
🎯 Entry Points
Primary Entry: Around $600–605 on a dip
Stop-Loss: Just below $565 to protect against trend reversal
🚀 Exit Targets
Target PriceStrategy$650Initial resistance — take partial profits$723Extended target — full exit recommended
If BNB breaks above $650 with strong volume, it could rally toward $723, a previous high.
🧠 Alternative Scenario
If BNB drops below $565, it may signal a deeper correction. In that case:
Wait for a retest near $500
Re-evaluate long positions based on volume and sentiment
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