$BNB
/USDT Strong Bull Run Outlook 💥 💯
$BNB pair is showing strong bullish momentum, confirming a breakout above the marked resistance zone.
Current Price: $730.57 (+0.15%)
24H Range: $710.96 - $745.29
Volume: 386,329.50 BNB | 280.96M USDT
Technical Analysis Highlights
Trend: Bullish continuation, with price consolidating near the mid-range of the 24H high.
Moving Averages:
10 MA: Support near $725; holding steady.
50 MA: Upward trend confirms mid-term bullish momentum.
RSI: Around 62 – Leaning bullish but approaching overbought territory.
Bollinger Bands: Price near the upper band, signaling potential resistance around $740.
MACD: Positive and widening; bullish momentum increasing.
🎯 Trade Strategy
Entry Point: Look for dips near $725–$730 to enter positions.
Targets:
1. 🎯 $740 – Immediate resistance for quick gains.
2. 🎯 $750 – Near the 24H high; critical breakout level.
3. 🎯 $770 – Extended bullish target if momentum sustains.
Stop Loss: Set at $710 to protect against a deeper pullback.
⚡ Pro Tip:
Monitor volume spikes and RSI for overbought conditions as price nears $745.
If price breaks above $750 with strong momentum, expect further upside potential.
Happy trading! 🚀
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