BNB/USDT trade short
Based on the BNB/USDT chart data provided (dated 2026-02-01 to 2026-02-03), here's a short-term technical outlook and a sample future trade setup for Binance Square:
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#KevinWarshNominationBullOrBear
· Price: ~729.44, below all key MAs (MA7, MA25, MA99).
· Trend: Strongly bearish across all timeframes (Today: -0.96%, 7D: -18.26%, 30D: -18.50%).
· Key Support: 727.50 (24h Low & recent breakdown level).
· Key Resistance: ~775 (24h High / near MA7).
Future Trade Idea (Short Bias):
· Entry Zone: 730–735 (on minor pullback).
· Direction: SHORT
· Leverage: 3x–5x (Low to moderate risk).
· Stop Loss (SL): Above 745 (just above recent structure).
· Targets: 720 → 710 → 700
· Risk/Reward: ~1:3
Key Lines:
"BNB broke below key support at 727.50 with all MAs pointing down. Short rallies remain favored until price reclaims 745+."
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Disclaimer: This is not financial advice. Trade with proper risk management. Use SL always.