📊 BNB/USDT Technical Analysis Update 🔍
BNB/USDT is displaying strong bullish momentum across multiple timeframes with critical indicators supporting an upward trajectory.
Key Insights:
✅ Ichimoku Cloud: Price is trading above the cloud, confirming a strong uptrend.
✅ Leading Indicator & HullSuite: Showing long signals across 4H and 1D timeframes.
✅ MACD: Positive crossover, reinforcing bullish momentum.
✅ RSI: Near 70, indicating slight overbought levels but still room for upside continuation.
Support & Resistance Levels:
🔹 Immediate Resistance: $727.00 - $730.00 (key supply zone).
🔹 Strong Support: $716.00 and $702.00 (demand zones).
🎯 Strategy Tip:
Watch for a breakout above $730 for potential moves towards $750.Use trailing stops to lock in profits as targets hit.
🚀 BNB remains bullish – Prepare for further upside! 💹