$BNB /USDT - Technical Analysis & Trade Signals
Current Price: $780.27 (+20.07%)
24h Range: $622.85 - $780.78
Technical Indicators Overview
RSI: Overbought zone (72)
Moving Averages (MA):
50 EMA: $690 (Support)
200 EMA: $650 (Key Support)
MACD: Bullish momentum but shows signs of weakening.
Key Levels to Watch:
Immediate Resistance: $800
Immediate Support: $740
Strong Support Zone: $700 - $760
Trade Setup
Momentum: Bullish, but profit-booking possible near resistance zones.
Entry Strategy:
Buy Zone: $740 - $760 (Pullback Entry)
Targets 🎯:
1. Target 1: $800
2. Target 2: $830
3. Target 3: $860
Stop-Loss:
$720 (Below the strong support zone)
Trade Insights:
A successful breakout above $800 could open doors for $830 and beyond.
If price falls below $740, expect bearish momentum towards $700.
📊 Suggestion: Monitor the volume closely to confirm bullish continuation. Always use proper risk management!
Are you planning to go long or short? Let me know if further adjustments are needed.
