$BNB /USDT: BULLISH RECOVERY AND CONSOLIDATION 🚀
KEY LEVELS ANALYSIS
BNB/USDT is showing signs of a bullish continuation after finding strong support. The current price is at $879.17.
* Resistance: The primary resistance level is the recent high at $884.83. A break and close above this level would confirm a move towards new highs.
* Support: The key support is the recent low at $871.38. This level has held well and is a critical point to watch.
TRADE SETUP
A long entry is a good setup based on the current price action, with the price consolidating and holding above key support.
* Entry: Long entry at the current price of $879.17 or on a pullback towards the $876.50 zone.
* Targets (TP):
* TP1: $882.50
* TP2: $884.83 (24h high)
* TP3: $888.00+
* Stop Loss (SL): A stop loss should be placed below the recent low to manage risk. A suitable level is $871.30.
#AITokensRally #BinanceHODLerLINEA #AltcoinMarketRecovery #EthereumSecurityInitiative #Write2Earn! $BNB