BNB has rebounded from its recent lows, currently trading around 582.34 and showing a shift in bullish momentum on the daily chart. After testing critical support at 558, it is moving towards a key resistance level that could determine the next big rally. Let’s take a look at the KEY LEVELS to watch!
💡 KEY TARGET LEVELS 🎯
1. First Target: 589 – This level corresponds to the most recent daily high. A breakout above this could trigger a surge as buyers gain confidence. Watch for increasing volume here to confirm momentum.
2. Second Target: 618 – Significant historical resistance. If BNB breaks through 589 and maintains momentum, expect it to push towards this level. A rally here will likely attract more buyers, fueling further upside.
3. Third Target: 625 – Key resistance zone. Reaching this level would indicate strong bullish control. A breakout could send BNB to new highs, bringing more trading interest and sparking a potential long-term uptrend.
📉 Support Levels to Watch: If BNB fails to maintain its uptrend, 571 is a key support zone. A drop below this could signal a bearish reversal, potentially dropping back towards 558 or even lower.
🔥 DON’T MISS THIS MOVE 🔥
BNB is showing all the signs of an impending breakout – but be careful! Monitor these levels closely to catch the right entry point and maximize profits$BNB