Here's a professional analysis of the
$BNB BNB/USDT chart:
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Technical Analysis for BNB/USDT (1H Timeframe)
Overview:
#ShareYourTrade Current Price: $691.59
24H High: $700.00
24H Low: $689.80
24H Change: -0.79%
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Key Levels:
Resistance (Target Levels):
📈 First Resistance: $696.00
📈 Second Resistance: $700.00
Support (Entry Levels):
📉 First Support: $690.00
📉 Second Support: $685.00
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Trade Recommendations:
Long Trade Setup:
Entry: $692.00 - $694.00
Targets:
🎯 Target 1: $696.00
🎯 Target 2: $700.00
Stop Loss: $688.00
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Short Trade Setup:
Entry: $696.00 - $698.00
Targets:
🎯 Target 1: $692.00
🎯 Target 2: $690.00
Stop Loss: $701.00
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Market Sentiment:
Order Book Analysis:
Buy (69.89%) vs Sell (30.11%)
Bullish Momentum in the short term.
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Chart Observations:
Recent candles show higher lows, indicating a potential uptrend.
Watch for rejection near $696.00, as it’s a key resistance level.
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