🚀 Binance Technical Analysis: $BNB

/USDT Overview

Current Market Snapshot

Price: $629.22 (+2.93%)

24h High: $639.64

24h Low: $607.16

Volume:

BNB: 677,448.67

USDT: $423.02M

📊 Technical Indicators

1. Bollinger Bands:

Upper Band (Resistance): $631.31

Middle Band (Support): $615.69

Lower Band: $600.07

2. Moving Average Convergence Divergence (MACD):

The MACD line shows bullish momentum as it trends above the signal line.

3. Support and Resistance Levels:

Key Resistance (Target 1): $640 - A break above this level could signal a strong upward trend.

Key Support (Target 2): $615 - If the price falls, this level could act as a buffer.

Major Support (Target 3): $600 - A critical level to watch for potential reversals.

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