$BNB
/USD: Key Support at $712.9 – Bulls Eyeing Higher Levels
$BNB has recently found support at $712.9, maintaining strength above this key level. This consolidation suggests that bulls are still in control, setting the stage for a potential upward move if buying pressure continues.
Key Levels to Watch:
Target 1: $725.0 (Immediate Resistance)
Target 2: $750.0 (Next Resistance Zone)
Stop-loss: $705.0 (Below Support)
If $BNB holds above $712.9, we could see it move towards the $725 resistance, with further potential up to $750. A break below $705 could signal a pullback, offering a re-entry point for traders. Watch for volume confirmation to gauge the strength of the rally.
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