$BNB /USDT Technical Analysis – Price Action Update6
The price of BNB/USDT is currently holding steady at $600, showing a +1.88% increase in the last 24 hours. Traders should keep an eye on these 3 potential targets as BNB tests key resistance and support levels:
🎯 Target 1:
$605 (Short-term Resistance)
Based on SAR (Stop and Reverse) analysis, BNB is approaching this critical resistance level. A breakout above $605 could indicate a bullish trend continuation.
🎯 Target 2: $588 (Key Support)
If the price drops, the $588 level serves as strong support. This area has been tested as the 24h low and could provide a potential rebound point.
🎯 Target 3: $612 (Next Resistance)
Beyond the first resistance at $605, the next target is $612. A rally past this level could open doors for stronger bullish momentum.
24h Volume:
BNB: 138,192.77
USDT: 82.47M
BNB's price action is heating up! Watch these targets carefully for potential trading opportunities.
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