🚨 $BNB /USDT — LATEST UPDATE: TRAILING SL SAVED US & DOUBLE BOTTOM AT $680! 🛡️📈
In the previous update ($706.53), we warned that if the $699.50 SL broke, the market would test the $680 support—and that’s exactly what happened!
Our 711–713 Trailing SL and 699.50 SL kept everyone safe from a major dump.
When $699.50 broke, $BNB fell to $680.74, formed an exact Double Bottom with $680.00, and has now bounced in a V-shape to $701.25–$701.38!
📌 Current Market Reasons & Data:
1️⃣ $680 Double Bottom & Volume: On the 1H/4H chart, buyers pushed the price back up from $680.74 to $705.70 (24h High). 24h Volume has reached 141,188 BNB.
2️⃣ MAs Reclaimed: $BNB has reclaimed the 1H MA(7) ($698.22), 1H MA(25) ($697.89), and 4H MA(7) ($697.88), which are now immediate support levels.
3️⃣ Major Resistance ($703.50–$704.50): Price is below a major hurdle: 4H MA(25) ($703.36), 1H MA(99) ($703.53), and 1D MA(99) ($704.49). There is a risk of rejection until these levels are cleared.
4️⃣ Money Flow Alert: 24h Inflow has risen from the bottom to -15,899 BNB, but 1D Large Orders (Whales) are still negative at -10,193.13 BNB, while small orders are buying.
🎯 What to Do Now:
🔹 Breakout Long: Don’t buy below resistance! Enter safely only after a 1H/4H candle closes above $704.50–$705.70.
🔹 Pullback Buy: On a retest, $697.50–$698.50 (1H/4H MA support) is the best low-risk zone.
🎯 Targets: $712.00 | $717.75 | $727.50
🛑 SL: $693.50 (Invalidation below $680.00)
⏳ Protecting your capital is what real trading is all about! As soon as $705.70 breaks or whale inflow turns positive, a new signal will be shared right away. Stay tuned! 🔔🚀
#BNB_Market_Update #BNBUSDT #CryptoUpdate #RiskManagement #BinanceSquare #TradingSignals
In the previous update ($706.53), we warned that if the $699.50 SL broke, the market would test the $680 support—and that’s exactly what happened!
Our 711–713 Trailing SL and 699.50 SL kept everyone safe from a major dump.
When $699.50 broke, $BNB fell to $680.74, formed an exact Double Bottom with $680.00, and has now bounced in a V-shape to $701.25–$701.38!
📌 Current Market Reasons & Data:
1️⃣ $680 Double Bottom & Volume: On the 1H/4H chart, buyers pushed the price back up from $680.74 to $705.70 (24h High). 24h Volume has reached 141,188 BNB.
2️⃣ MAs Reclaimed: $BNB has reclaimed the 1H MA(7) ($698.22), 1H MA(25) ($697.89), and 4H MA(7) ($697.88), which are now immediate support levels.
3️⃣ Major Resistance ($703.50–$704.50): Price is below a major hurdle: 4H MA(25) ($703.36), 1H MA(99) ($703.53), and 1D MA(99) ($704.49). There is a risk of rejection until these levels are cleared.
4️⃣ Money Flow Alert: 24h Inflow has risen from the bottom to -15,899 BNB, but 1D Large Orders (Whales) are still negative at -10,193.13 BNB, while small orders are buying.
🎯 What to Do Now:
🔹 Breakout Long: Don’t buy below resistance! Enter safely only after a 1H/4H candle closes above $704.50–$705.70.
🔹 Pullback Buy: On a retest, $697.50–$698.50 (1H/4H MA support) is the best low-risk zone.
🎯 Targets: $712.00 | $717.75 | $727.50
🛑 SL: $693.50 (Invalidation below $680.00)
⏳ Protecting your capital is what real trading is all about! As soon as $705.70 breaks or whale inflow turns positive, a new signal will be shared right away. Stay tuned! 🔔🚀
#BNB_Market_Update #BNBUSDT #CryptoUpdate #RiskManagement #BinanceSquare #TradingSignals