$BNB /USDT Technical Analysis & Trade Signal

Current Price: $712.34 (+0.73%)

Trend: Mildly bullish

Resistance Levels: $715.69, $725.00

Support Levels: $697.03, $685.00

Indicators & Momentum:

Moving Averages (MA): Price trading above the 20 EMA, indicating a short-term uptrend.

RSI: 58 (neutral zone but approaching overbought).

MACD: Bullish crossover observed, signaling upward momentum.

Trade Signal

Entry Zone: $710 - $713 (confirmation on breakout or retest of $712).

Stop-Loss: $697 (below recent support).

Target Levels 🎯

1. Target 1: $720 (short-term resistance).

2. Target 2: $725 (key psychological level).

3. Target 3: $735 (potential extended move if momentum strengthens).

Trade Momentum:

BNB shows bullish momentum supported by strong buying volumes and price action near the upper resistance. Watch for a breakout above $715.69 for higher targets. If the price retraces to $697, consider re-entry near the support zone.

Recommendation: Monitor market depth and volume. A sustained break above $715 can trigger quick movements toward higher targets.

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