$BNB 📉 BNB (BNB/USDT) Market Update – Crypto (1H Chart)🧑💻🧑💻🧑💻🐂🐂🐻🐻💯🔥👇
📅 Date: Feb 12, 2025 – 00:38 UTC
💰 Current Price: $642.40
📊 Volume: Increasing bullish momentum
⚡ Trend: Bullish with resistance test
📍 Key Levels
🔼 Resistance: $645 | $650
🔽 Support: $634 | $625
📊 Indicators & Pattern Analysis
✅ Candle Formation:
BNB formed a strong bullish candle, testing the $642+ zone.
A breakout above $645 could signal further upside.
✅ Chart Pattern:
Bullish trend continuation, higher highs forming.
Needs confirmation above $645 to sustain the uptrend.
✅ Moving Averages:
20-EMA (Green): Short-term support at $634.
50-EMA (Blue): $625 acting as key support.
200-EMA (Red): Major support at $613.
✅ RSI & ADX:
RSI: 63.09 → Strong bullish momentum but approaching overbought.
ADX: 38.24 → Trending strongly.
Positive DI (29.47) dominating Negative DI (11.10).
📈 Trade Setup
🟢 Long (Buy) – If BNB Breaks Above $645
📌 Entry: $645 - $648
📌 Stop-Loss: $638
📌 Take-Profit: $655 - $660
✅ Confirmation: Strong volume + RSI above 65.
🔴 Short (Sell) – If BNB Fails Below $634
📌 Entry: $633 - $630
📌 Stop-Loss: $640
📌 Take-Profit: $625 - $620
✅ Confirmation: RSI drops below 55 + rejection at resistance.
⏳ Trade Duration: 1-4 Hours
📢 Conclusion:
📊 Pattern: Bullish breakout potential.
⚡ Strategy: Buy on breakout above $645, sell below $634.
📌 Disclaimer: This is not financial advice. Always do your own research and risk management. 🚀
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