🔍 Technical Analysis of the BNB/USDT Chart (1H)
✅ Current price context:
Current price: 694.05 USDT
Recent high: 708.00 USDT
Recent low: 675.00 USDT
Immediate trend: The price has broken the MA(25) upwards, showing recovery and strength.
MA(7) > MA(25) > MA(99): This suggests a potential shift to a short-term bullish trend.
Volume: Slight increase in volume during the last green candles (confirmation of buyer interest).
🟢 Suggested Entry (Long / Futures Buy)
Entry: 694.00 USDT (current price or nearby pullback)
Additional confirmation: Wait for a solid green candle above the 695.00 level with volume above average (see volume below).
❌ Stop Loss
Invalidation zone of the movement: below the key support and the 99 moving average.
Suggested level: 684.00 USDT (approximate risk of 10 USDT)
🎯 Take Profit (profit target)
TP1 (conservative): 705.00 USDT (previous congestion zone)
TP2 (ambitious): 708.00 USDT (last previous high)
TP3 (extended): 715.00 USDT (projection by impulse if there is a strong breakout)
🧠 Additional tips:
Monitor volume: If volume increases along with a green candle breaking 695, you can have more confidence in the movement.
Move the stop loss to break-even when the price exceeds 700 USDT to secure profits.
Avoid trading without a plan: Always define your R:R before executing the trade.