$BNB

As of December 17, 2024, #BNB (Binance Coin) is trading at approximately $717.54, with a market cap of around $104.9 billion and a daily trading volume of $1.6 billion.

Moving Averages: Most short- and long-term moving averages indicate a buying bias, indicating a potential continuation of the uptrend.

Oscillator Indicators: Indicators such as the RSI are in the neutral zone, indicating that the asset is neither overbought nor oversold.

Key Levels:

Support Levels: $660.00 is an important support level; a break below could lead to a decline to $645.00.

Resistance levels: $680.00 – breaking this level could open the way to $700.00 and above.

Recommendations:

For buyers: Consider entering after a strong break of $680.00 with targets at $700.00 and $720.00. Place a stop loss below $660.00.

For sellers: In case of a drop below $660.00, you can consider short positions with a target of $645.00.

$BNB