๐ $BNB /USDT 1H Technical Analysis:
๐ Currently at $701, hovering near MA convergence zone
MA Setup:
โข MA7: $702.77
โข MA25: $698.39
โข MA99: $702.14
๐ Key Points:
- Strong recovery from $638 low
- Recent high tested $728 resistance
- MAs tightly compressed = potential breakout incoming
- Volume tapering, suggesting consolidation phase
๐ Watch $705 resistance break for bullish continuation
๐ฏ Support zone: $695-698 (MA25)
Trade with caution during year-end low liquidity!