$BNB /USDT Analysis

Price: $652.86 (+6.10%)

24h High: $658.05

24h Low: $611.07

24h Volume (BNB): 668,811.67

24h Volume (USDT): $422.84M

---

Key Indicators:

1. Moving Averages (MA):

MA(7): $646.87

MA(25): $631.88

MA(99): $641.64

Analysis: Price is above all moving averages, signaling bullish momentum in the short term.

2. Support Levels:

Immediate: $646 (MA(7))

Strong: $631 (MA(25))

3. Resistance Levels:

Immediate: $658 (24h high).

Strong: $670 zone if momentum continues.

4. Volume:

24h volume is strong at 668,811.67 $BNB

, reflecting significant market activity and interest.

5. MACD:

Likely showing bullish crossover if upward momentum persists.

6. Bollinger Bands (BOLL):

Price is near the upper band, suggesting overbought conditions. Consolidation or minor retracement could follow.

---

Actionable Levels:

Support: $646 and $631.

Resistance: $658 and $670.

---

Recommendation:

1. Long Entry:

On a breakout above $658 with confirmed volume.

2. Stop Loss:

Below $646 for tight risk management.

3. Targets:

Short-term: $670.

Extended: $680–$690 if the momentum sustains.

Conclusion:

$BNB /USDT is showing bullish momentum. However, closely monitor the resistance at $658 and trading volume for confirmation of a sustained upward trend.

#GDPSteadyPCE2.1Down #MarketBuyOrHold? #BinanceHODLerTHE #BTCWatchZone #BNBChainMeme