$BNB USDT: Support Under Pressure! 📉
Recently, $BNB faced a significant rejection near $770, causing it to break back into the lower price range. This move resulted in an approximate ~6.3% price correction.
The crucial key support zone to watch is currently $728–$725. On the Lower Time Frame (LTF), the signal indicates a sideways-to-bearish trend, with buyers not yet stepping in decisively.
For traders, the potential Entry Zone is identified between $740 – $748. Key Targets (TP) to consider are:
🎯 T1: $728
🎯 T2: $710
🎯 T3: $690
A recommended Stop Loss (SL) is set at $758 for effective risk management. Momentum Note: Reclaiming the $755+ level would invalidate the current breakdown scenario and could see $BNB targeting $770 once again.
BNBUSDT
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