🚨 BNB (Binance Coin) is trading at approximately $691.59.
Technical analysis indicates the following support and resistance levels:
👉Resistance Levels:
First Resistance: $726.54
Second Resistance: $761.53
Third Resistance: $779.02
👉Support Levels:
First Support: $674.05
Second Support: $656.56
Third Support: $621.57
These levels are derived from pivot point calculations, which are commonly used to identify potential turning points in the market.
Additionally, BNB has recently broken through resistance at $700, suggesting a potential further rise.
Please note that cryptocurrency markets are highly volatile, and support and resistance levels can change rapidly. It's advisable to conduct thorough research and consider multiple factors before making any trading decisions.