$BNB
Sharp Recovery in Play – Key Levels to Watch!
Market Overview: BNB/USDT is showing impressive recovery momentum after bouncing from a recent low of $706.07, surging quickly to touch a high of $724.08. This bullish push signals strong buying interest at lower levels.
Key Insights:
Immediate Support: $711.77
Resistance Zone: $724.99
A clear breakout above $724 could lead to further upward momentum, targeting fresh highs.
Technical Indicators:
RSI: Near overbought zones – monitor closely for volume confirmation.
Trend: Bullish with sharp rebound candlesticks visible on the 15m chart.
Strategy:
Watch for a sustained breakout above $724 for a long entry.
Set Stop Loss below $711 to manage risk.
Potential Targets:
1️⃣ $730 (Short-Term)
2️⃣ $740 (Medium-Term)
BNB is looking primed for its next move – trade cautiously and stay updated!
Hashtags:
