$BNB /USDT Technical Analysis Update
Current Price: $704.26
24h High: $706.18
24h Low: $682.68
Change: +2.07%
๐ฏ Targets:
1. Immediate Target: $710
$BNB is showing strong bullish momentum. Watch for a breakout above $706 to reach this level soon.
2. Mid-Term Target: $725
If BNB sustains its movement above $710, the next resistance lies near $725.
3. Long-Term Target: $750
Continued positive sentiment and increased volume could push the price towards the $750 mark, a significant psychological resistance.
Strategy:
Short-Term Traders: Take partial profits at $710 while securing your stop-loss at $700.
Swing Traders: Hold for $725 while monitoring trend strength.
Long-Term Investors: Focus on the $750 target but consider adjusting stop-loss to $690 to protect gains.