$BNB #BNB 🚀
Direction: LONG
Entry zone: 688.86 to 691.62
Stop loss: 679.89
Target 1: 704.04
Target 2: 714.40
BNB is trading near 690.24 dollars, down 0.93 percent in 24 hours, inside a range of 689.94 to 701.28 dollars, and the recent closes are drifting lower, 695.44, then 693.71, then 692.04, then 690.24. 📈 My reading is that BNB is cooling toward the bottom of its range rather than breaking down, which is why this long uses a dip entry zone instead of chasing strength that is not there. A long from the current zone, with a stop below 679.89, targets 704.04 first and then 714.40 if buyers defend the range low. A fall below 679.89 kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does BNB rise to 704.04 first, or fall below 679.89? 🤔
Follow for more trades.
#BNB #Crypto #FuturesTrading #TradingSignals
Direction: LONG
Entry zone: 688.86 to 691.62
Stop loss: 679.89
Target 1: 704.04
Target 2: 714.40
BNB is trading near 690.24 dollars, down 0.93 percent in 24 hours, inside a range of 689.94 to 701.28 dollars, and the recent closes are drifting lower, 695.44, then 693.71, then 692.04, then 690.24. 📈 My reading is that BNB is cooling toward the bottom of its range rather than breaking down, which is why this long uses a dip entry zone instead of chasing strength that is not there. A long from the current zone, with a stop below 679.89, targets 704.04 first and then 714.40 if buyers defend the range low. A fall below 679.89 kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does BNB rise to 704.04 first, or fall below 679.89? 🤔
Follow for more trades.
#BNB #Crypto #FuturesTrading #TradingSignals
