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🚀 BNB/USDT Futures: Setting Up for a High-Risk Play!
$BNB
The current BNB/USDT daily chart shows high indecision at the $967.79 level, trapped between the MA(7) resistance ($978.50) and recent support near $959.
Long Position Setup:
A long entry looks viable on a clear break and hold above the MA(99) at $987.00. Target the $1,044.20 (MA(25) resistance) with a tight stop-loss placed just below the current low-volume support at $959.
Short Position Setup:
$BNB
A short entry is favored if the price breaks and closes below $959. Target the next major support, potentially the $860.11 low, with a stop-loss above the MA(7) at $978.50.
This is a volatility play; wait for confirmation!
$BNB
#BNBShorts #BNBLongs #FuturesTrading #CryptoAnalysis #RiskManagement
$BNB
The current BNB/USDT daily chart shows high indecision at the $967.79 level, trapped between the MA(7) resistance ($978.50) and recent support near $959.
Long Position Setup:
A long entry looks viable on a clear break and hold above the MA(99) at $987.00. Target the $1,044.20 (MA(25) resistance) with a tight stop-loss placed just below the current low-volume support at $959.
Short Position Setup:
$BNB
A short entry is favored if the price breaks and closes below $959. Target the next major support, potentially the $860.11 low, with a stop-loss above the MA(7) at $978.50.
This is a volatility play; wait for confirmation!
$BNB
#BNBShorts #BNBLongs #FuturesTrading #CryptoAnalysis #RiskManagement
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