$BNB

/USDT Technical Analysis and Trade Signal 🚀 🎯

Current Price Overview

Price: $652.75 (+5.50%)

Bollinger Bands: Price is trading near the Middle Band (645.91), moving toward the Upper Band (661.15), suggesting bullish momentum.

SAR: Supportive of an uptrend with SAR at 644.12, below the current price.

Key Technical Indicators

1. Resistance Levels:

R1 (Immediate): $661.15 (Upper Bollinger Band)

R2: $670.00 (psychological and prior high zone)

R3: $680.00 (strong resistance area from historical levels)

2. Support Levels:

S1 (Immediate): $645.00 (Middle Bollinger Band)

S2: $630.67 (Lower Bollinger Band)

S3: $617.00 (24h Low)

3. Momentum Indicators:

MACD: Likely bullish; needs confirmation of crossover.

Volume: Increasing, supporting upward price movement.

Trade Signal: Bullish

Entry Zone: $650.00–$655.00

Stop Loss (SL): $640.00 (below Bollinger Middle Band and SAR)

Target Levels 🎯

1. Target 1 (T1): $661.00 (Immediate Resistance, Upper Bollinger Band)

2. Target 2 (T2): $670.00 (Strong Resistance Level)

3. Target 3 (T3): $680.00 (Extended Target if momentum sustains)

Trade Momentum:

Momentum: Positive, supported by SAR and Bollinger Band compression toward the upper side. Watch for breakouts.

Risk Level: Moderate – keep SL tight due to potential volatility.

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