Post for $BNB /USDT Technical Analysis
š $BNB /USDT Analysis Update:
Current Price: $703.60 (+1.64%)
24H Range: $682.68 - $706.18
30-Minute Chart Overview: BNB is showing bullish momentum as it tests the $705 resistance zone after steady higher highs and higher lows.
šÆ Targets:
1. First Target: $710 - Immediate resistance level. If broken, we could see further upside momentum.
2. Second Target: $720 - Strong resistance zone in the medium term, aligning with previous high zones.
3. Third Target: $750 - Key psychological level and long-term bullish confirmation if sustained.
š” Actionable Insights:
Secure partial profits near $710.
Adjust your stop-loss to $695 to lock in gains.
Monitor volume and RSI levels for signs of a continuation or reversal near $720.
š Long-Term View: Breaking and sustaining above $750 could open the door for further rally potential, with focus on $800+ levels.