🚀 $BNB /USDT Technical Analysis – Key Levels and Targets 🎯
📊 Current Price: $640.59 (-3.68%)
BNB/USDT is facing a retracement after testing the 24h high of $669.71, offering an opportunity for both buyers and sellers.
🔍 Technical Overview:
Support Levels: $639.00, $620.00 – Close to the 24h low.
Resistance Levels: $650.00, $670.00, $700.00 – Key levels for a potential breakout.
24h High: $669.71
24h Low: $639.37
Volume Trends:
24h BNB Volume: 325,400.82
24h USDT Volume: $214.20M
🎯 Targets to Watch:
1️⃣ Short-term Target: $650.00 – Testing this level could signal a recovery attempt.
2️⃣ Medium-term Target: $670.00 – A crucial resistance zone to reclaim bullish momentum.
3️⃣ Long-term Target: $700.00 – A psychological barrier and strong resistance.
💡 Strategy:
Consider buying near $639.00 with a stop-loss below $630.00.
Watch for a breakout above $650.00 for bullish confirmation.
Monitor volume and RSI to gauge potential upward momentum.