From the chart alone: there is an attempted upward rebound, but confirmation has not happened yet.
Price: 712.30
Near resistance: 712.44โ712.67
A breakout and stabilization above it may open the way toward 713.55, then 714.24
Important support: 711.90, then 710.90
A break below 710.90 weakens the bullish scenario.
๐ Summary: The short-term bias is bullish, but watch 712.67; a stable breakout above it is the more important signal of continued upward movement.
#TradingStrategy
#Square
$BNB
Price: 712.30
Near resistance: 712.44โ712.67
A breakout and stabilization above it may open the way toward 713.55, then 714.24
Important support: 711.90, then 710.90
A break below 710.90 weakens the bullish scenario.
๐ Summary: The short-term bias is bullish, but watch 712.67; a stable breakout above it is the more important signal of continued upward movement.
#TradingStrategy
#Square
$BNB