BNB/USD#TrumpStateoftheUnion The current price is around 595.49.
đ Key Levels:
24h High: 602
24h Low: 577
EMA(7): 591
EMA(25): 601
EMA(99): 631 (strong resistance above)
â Entry Zones (Possible Buy Areas)
đč Conservative Entry:
585 â 590 (near EMA 7 on a retest)
If price holds this area and gives a green candle confirmation.
đč Breakout Entry:
Above 602 â 605 with a 4H candle close.
This would mean breaking EMA 25 and recent resistance.
đŻ Exit Zones (Target Areas)
đž Target 1: 602
đž Target 2: 615
đž Target 3: 630 â 635 (strong resistance zone near EMA 99)
â Stop Loss
đ» If price closes below 577 on 4H, the downtrend may continue.
In that case, a stop loss below 572 â 575 would be safer.
đ Note:
On the 4H timeframe, the trend is not fully bullish yet. It looks like a short-term bounce. Waiting for breakout confirmation would be safer.