🔹 Potential entry and exit points for BNB/USDT
📈 Long trade entry opportunities:
✅ Safe entry: After breaking and closing above 600 - 605, with confirmation by strong trading volume.
🎯 Targets:
First target: 610 - 615
Second target: 628 - 635
🛑 Stop Loss: at 590
✅ Higher risk entry: If the price reaches 577 - 580 and shows strong reversal signals such as engulfing candles or an increase in RSI.
🎯 Targets:
First target: 590 - 595
Second target: 600 - 605
🛑 Stop Loss: at 570
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📉 Short trade entry opportunities:
✅ Safe entry: If the price breaks 590 with a clear close below it.
🎯 Targets:
First target: 577 - 580
Second target: 560 - 546
🛑 Stop Loss: above 600
✅ Higher risk entry: If the price fails to break 600 - 605 and forms bearish reversal signals (such as a doji candle or price rejection).
🎯 Targets:
First target: 590 - 595
Second target: 580 - 577
🛑 Stop Loss: above 610
🛠️ Additional tips:
Monitor trading volumes: If volume increases with the breakout, it reinforces the strength of the move.
Watch the RSI indicator: If it falls below 30, there may be a temporary rebound.
Use risk management: Do not risk more than 2-3% of your capital.
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