$BNB Gains +4.79%! Bulls Target Higher Levels! 🥶🚀

Current Price: BNB is trading at $655.90, showing strong recovery after touching a 24h low of $625.38, while the 24h high stands at $680.00.

• Moving Averages:

• MA(7) at $655.83 is aligned with the current price, showing potential for continued bullish momentum.

• MA(25) at $654.89 and MA(99) at $626.71 indicate a strong upward trend, with solid long-term support.

• Volume: Increased trading volume during the rally to $680.00 reflects strong buyer interest. The pullback suggests profit-taking, but momentum remains intact.

• Support and Resistance:

• Support: Immediate support lies at $650.00, with stronger support at $635.00. Buyers are likely to defend these zones.

• Resistance: Key resistance is at $680.00. Breaking this level could push BNB toward the $700.00 psychological barrier.

Trend Outlook:

BNB continues to show a bullish structure with higher highs and higher lows. Consolidation at current levels could provide a launchpad for the next breakout.

Is BNB Ready to Break $700?

The slight pullback offers an opportunity to accumulate before another potential surge. Watch for a retest of $680.00 to confirm bullish continuation.

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