$BNB /USDT Technical Analysis & Trade Signal

Current Price: $730.37 (+3.40%)

Trend: Bullish Momentum

BNB is showing strong recovery, trading above key support levels, and testing resistance near $735. The price action suggests further upside potential, provided volume sustains the momentum.

Support and Resistance Levels

Support Levels:

$710 (Key Support)

$705 (Strong Support)

Resistance Levels:

$735 (Immediate Resistance)

$750 (Major Resistance)

Trade Signal

Trade Type: Long (Buy)

Entry Zone: $725–$730

Targets 🎯:

1. Target 1: $735

2. Target 2: $745

3. Target 3: $755

Stop Loss: $705 (below strong support)

Trade Momentum

15m & 1h: Strong bullish momentum with higher highs and higher lows.

4h: Positive RSI (>60) confirms upward trend.

1D: BNB breaking out from a consolidation phase, supported by increasing volume.

Conclusion:

BNB/USDT is gaining momentum with bullish signals across multiple timeframes. Traders can look for a breakout above $735 for immediate gains. Tight risk management is advised as crypto markets can be volatile.

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