$BNB /USDT: Momentum Gaining Strength!
Current Price:
$BNB /USDT is trading at $694.71 (+0.55%), with a recent bounce from $685.70.
Key Targets to Monitor:
1. $708.00 – Immediate resistance to test bullish momentum.
2. $718.00 – Medium-term breakout target, aligning with recent highs.
3. $735.00 – Long-term bullish goal if upward momentum sustains.
Technical Highlights:
MA(7) crossing above MA(25): A bullish short-term trend forming.
MA(99) acting as a pivot: Currently consolidating near $694.61, a break above could confirm bullish continuation.
Recent recovery from $685.70 suggests strong demand at lower levels.
Trading Strategy:
Buy Zone: $690.00–$695.00 for favorable entry.
Stop-loss: $684.00 to protect downside risks.
Gradual profit booking at each target level is advised.