$BNB BNB/USDT: Bullish Momentum Prevails

🔥 BNB Rockets to New Heights! 🔥

Our earlier bullish outlook on BNB/USDT was spot-on, as the price surged to $661.50 with a robust 4.50% increase today! Here’s why the momentum is far from over:

🚀 Bullish Analysis Highlights:

1️⃣ Strong Price Action:

• BNB broke through resistance levels at $635 and shows no signs of slowing.

2️⃣ Golden Cross Formation:

• The MA(5) and MA(10) are trending upward, reflecting sustained bullish momentum.

3️⃣ RSI in Bullish Zone:

• RSI(6) at 78.55 confirms strong buying pressure, but the price isn’t yet overbought.

4️⃣ Volume Surge:

• On-Balance Volume (OBV) shows increasing accumulation as more traders join the rally.

5️⃣ MACD Positive Divergence:

• MACD histogram turned green, signaling continued upside potential.

🎯 Next Targets:

• Immediate Resistance: $676 (24H high).

• Breakthrough Potential: A close above this opens doors to $700+.

⚠️ Support Levels:

• Closest support at $634 ensures risk management for pullbacks.

💎 Why Still Bullish?

With market sentiment favoring BNB, the breakout is just the beginning of an extended rally. Sustained buying pressure and solid fundamentals make this a prime candidate for longs.

Recommendation:

• LONG BNB above $650.

• Set stops below $630 for risk control.

• Enjoy the bullish ride to $700+!

🌟 Fortune favors the brave—take your position! 🌟