📈LONG: $BNB (1D)
Current Price $620.50
Market Cap $90.59B
Change 1h +0.24% | 24h -5.31%
Daily Indicators:
• RSI: 49 - Neutral 🟠
• MACD: 10 - Bullish 🟢
• EMA: 614 - Trading Above 🟢
Analysis:
BNB/USDT is flirting with a bullish breakout in a daily symmetrical triangle pattern. As it edges closer to the top, keep an eye on the sturdy support at $600, which can be a bounce zone. The setup suggests a potential upward move once the consolidation phase ends.
Price Targets:
If the breakout is confirmed, look for targets around $680, $720, and possibly reaching $800. Keep your stop-loss tight below $600 to manage risk effectively. This could be an exciting ride if momentum picks up!