Trading Guide

🔎 Current Situation

Price: $797.94 (slight upward trend)

Daily Range: $757 – $802

Momentum Indicators:

RSI ~62 → Still in bullish zone

MACD & moving averages indicate a positive trend

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📊 Key Support & Resistance Levels

Support Zones:

$775–780: Strong response during recent pullbacks

$715–722: Stable daily support

Resistance Targets:

First Target: $800–805 (current high-break zone)

Main Target: $840–880 → further resistance near $900

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💡 Trading Guidelines

1. Long Positions:

If price pulls back to $775–780, this is a good buy zone. Place stop-loss below $760.

On breakout (close above $805), set entry with targets up to $840–880.

2. Short Positions / Profit Booking:

Consider booking profits at $800–805 or $840–880.

If price closes below $775, stop-loss should be triggered.
#bnb # crypto

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⚙️ Practical Trading Plan for Traders

Stage Entry Point Stop Loss Target Point Trade Mechanism

A Pullback at $775–780 $760 $800 Low-risk long
B Breakout above $805 $795 $840–880 Momentum long
C Price closes below $775 $785 SLA $760 Long safety net

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🔍 Technical Analysis Basis

BNB recently broke out of the $650–700 range, forming a strong bullish structure.

On-chain indicators (MACD bullish crossover, RSI >60) reinforce bullish momentum.

Key price levels like $775–780 offer pullback zones, while $805–840 represent major resistance for breakout targets.