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BNB/USDT Market Analysis (December 4, 2024)

BNB is trading at $776.08, up 19.21% in the last 24 hours, with a 24-hour high of $777.00 and a low of $622.85. The market shows strong bullish momentum, supported by high volumes and positive sentiment.

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Key Levels to Monitor

Resistance:

$790.00: Immediate level. Breaking it could push the price to $820.00 or higher.

Support:

$750.00: Immediate fallback. A drop below this could target $700.00.

Outlook

The bullish trend is clear but overbought RSI levels suggest a possible short-term pullback. Traders should closely monitor key levels for the next decisive move.

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