$BNB
/USDT Technical Analysis Update 🚀
The BNB/USDT pair has been showing significant momentum, currently trading at $740.75, reflecting a +14.50% increase in the last 24 hours. Let’s break down the key technical levels and potential targets for the upcoming session:
🔵 Support Level:
$622.85 – A strong support zone where the price could potentially bounce back if it faces any retracement.
🔴 Resistance Level:
$750.01 – This level marks the recent 24h high, and a breakout above it could propel the price toward higher targets.
🎯 Target 1: $760.00
A potential breakout above the resistance, signaling a continuation toward bullish momentum.
🎯 Target 2: $780.00
If the upward momentum persists, $780 could be the next level to watch as it aligns with a previous price range.
🎯 Target 3: $800.00
The ultimate target for BNB, where bulls will aim to push the price to new highs.
The market sentiment looks strong for BNB, but keep an eye on the key support and resistance levels. Make sure to manage risk and stay updated on the latest price action.
Stay tuned for more updates and happy trading! 💹