$BNB

BNB/USDT - Narrow Range, Preparing for a Breakout โณ

The price of BNB hovers at $662.57 (+0.44%), compressed between the major exponential moving averages, with a trading volume of $51.84 million. The daily range remains extremely tight - only 1.1% - paving the way for a sharp increase in volatility.

๐Ÿ“ˆ Buy Setup:

Entry: $662.50 - $663.00

Take Profit 1: $664.55

Take Profit 2: $664.83

Stop Loss: $661.50

๐Ÿ“‰ Sell Setup (in case the upper range fails):

Entry: below $663.61

Take Profit: $661.19

Stop Loss: $664.00

Reason for Selection:

The price of BNB is situated between all the major exponential moving averages with a range close to zero. This type of setup often precedes rapid and directional movements. Speculators can play on both sides - just keep the stop points tight.