$BNB is trading around 681.54 USDT and stuck below key resistance. Price is hugging the MA25 (~681.8) while the MA99 (~689.8) keeps capping every bounce. The next move depends on whether buyers can defend the support zone below.
Key levels (BNBUSDT Perp, 1H):
Resistance: 685-686.5 | 690.00
Support: 675.5-677 | 670.23 (24h low)
Long scenario:
- Entry: bounce from 677.00-675.50 with a candle close back above
- Stop loss: below 674.00
- Targets: 685.00, then 690.00
Short scenario:
- Entry: 1H close below 675.50
- Stop loss: above 678.00
- Targets: 670.23, then 665.00
How to execute on Binance:
1. Futures > BNBUSDT Perpetual
2. Isolated margin, 3x-5x leverage
3. Use limit orders to reduce slippage
4. Set TP/SL together with your order
5. Risk only 1-2% of your capital per trade
No confirmation, no entry. No stop loss, no trade.
Are you long or short on BNB? Tell me in the comments.
Not financial advice. Futures trading carries high risk. DYOR.
#BNB #Binance #BinanceSquare #Futures #CryptoTrading. ng #BNBChain $BNB $BTC
Key levels (BNBUSDT Perp, 1H):
Resistance: 685-686.5 | 690.00
Support: 675.5-677 | 670.23 (24h low)
Long scenario:
- Entry: bounce from 677.00-675.50 with a candle close back above
- Stop loss: below 674.00
- Targets: 685.00, then 690.00
Short scenario:
- Entry: 1H close below 675.50
- Stop loss: above 678.00
- Targets: 670.23, then 665.00
How to execute on Binance:
1. Futures > BNBUSDT Perpetual
2. Isolated margin, 3x-5x leverage
3. Use limit orders to reduce slippage
4. Set TP/SL together with your order
5. Risk only 1-2% of your capital per trade
No confirmation, no entry. No stop loss, no trade.
Are you long or short on BNB? Tell me in the comments.
Not financial advice. Futures trading carries high risk. DYOR.
#BNB #Binance #BinanceSquare #Futures #CryptoTrading. ng #BNBChain $BNB $BTC
