$BNB /USDT BREAKOUT ALERT – MOMENTUM BUILDING #BNB is currently trading at $731.59, gaining 2.46% in the last 24 hours. The price is approaching its recent high of $745.29, indicating a potential breakout or correction.
Key Levels to Watch
Resistance: $745.00
Support: $726.00
Trade Setup
1. Bullish Entry: Above $732.00
Targets:
$735.00
$740.00
$745.00
Stop-loss: Below $728.00
2. Bearish Entry: Below $726.00
Targets:
$722.00
$718.00
$715.00
Stop-loss: Above $729.00
Market Insight
The RSI is at 77.88, signaling overbought conditions, which could lead to a short-term pullback. However, strong buying momentum and increased volume suggest a breakout above $745.00 could lead to a further rally. Monitor closely and manage your risk effectively.