The market forBNB, Bitcoin, and Ethereum is severely stuck, which is why it's not favorable for trading.

Technical Analysis UpdateAs of the latest market movements, here’s an overview of the current price action and potential targets for $BNB

, $BTC

, and $ETH

:1. BNB (Binance Coin)

Current Price: $601.00

Support Level: $590 - A key support level that buyers may defend.

Resistance Level: $620 - The first resistance level to watch for potential breakouts.

Target: If the price breaks above $620, a target of $640 could be in play, marking a potential upward trend continuation.

2. Bitcoin (BTC)

Current Price: $65,731.19

Support Level: $64,500 - A crucial support level that could hold in a pullback scenario.

Resistance Level: $66,500 - The first resistance level to monitor for upward momentum.

Target: A sustained breakout above $66,500 could lead to a target of $68,000, suggesting a bullish trend continuation.

3. Ethereum (ETH)

Current Price: $2,679.22

Support Level: $2,650 - This level is critical for preventing further declines.

Resistance Level: $2,700 - A resistance level that needs to be broken for bullish confirmation.

Target: If ETH surpasses $2,700, a target of $2,800 is reasonable, indicating a positive market sentiment.Stay updated with market trends and consider these levels in your trading strategy. Always conduct your own research and manage your risk accordingly.