$BNB is currently showing bullish signs on the daily chart, with its price trading above key moving averages such as the 50-day and 200-day MA. The Relative Strength Index (RSI) indicates bullish momentum, suggesting potential further upside. However, the price is approaching a resistance level around $600, which could lead to a short-term consolidation or pullback. If BNB breaks above this resistance, the next target could be around $650. On the downside, strong support lies around $500. Traders should closely monitor price action around these levels for potential trading opportunities.
Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
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