$BNB /USDT Technical Analysis & Market Update
Current Price: $528.5 (+1.83%)
BNB is currently showing bullish momentum, trading above its key moving averages. The price is holding strong above the 7-day MA at $528.1 and the 25-day MA at $524.7, indicating continued upward movement.
Resistance is identified at $529.7, and a close above this level could lead to further gains. On the downside, support is observed at $520.1, with a break below this level potentially triggering a pullback.
Long Trade: Enter above $529.7, then Targets: $535.0, $540.0
Short Trade: Enter below $520.1, then Targets: $515.0, $510.0
