🚨 $BNB Breakout Alert: $BNB Hits 752.27 with Over 15% Surge! 🚨
The $BNB /USDT pair has experienced a powerful breakout, climbing 15.20% in just 4 hours! With a 24-hour high of $774.69, this surge comes after consolidating near EMA levels and smashing through key resistance. Here’s the breakdown:
Key Technical Levels to Watch
1️⃣ Immediate Resistance: $774.69
BNB is testing this key resistance level. A breakout here could open the door for another rally.
2️⃣ Target 1: $782.58
This is the next resistance zone. A clean break above this could trigger momentum buying, pushing prices even higher.
3️⃣ Target 2: $810.00
If bullish sentiment holds, this psychological level could come into play as traders aim for higher profits.
4️⃣ Support Level: $724.75
This serves as a critical support zone. A retest here could provide a rebound opportunity if the bulls maintain control.
Technical Indicators
EMA Support: EMA (7), (25), and (99) at $710.17, $672.76, and $646.88, respectively, are well below current price action, signaling strong bullish momentum.
Volume Surge: With over 1.41B USDT traded in 24 hours, buyers are firmly in the driver’s seat.
Trade Setup
Bullish Entry: Above $774.69, targeting $782.58 and $810.00.
Stop Loss: Place stops below $724.75 for risk management.
This breakout signals a potential continuation of bullish momentum for $BNB. Monitor closely for volume confirmations at these levels!