BNB’s Bullish Momentum Renewed, Is the $800 Mark in sight?

BNB strongly broke through $539, and the focus of the encryption market returned. As one of the few top currencies with a green daily line, BNB is poised for success. In the past 24 hours, BNB has increased by more than 3.5%, with its market value firmly above US$478.6 billion, and its performance is eye-catching.

Although the social popularity has cooled down slightly, analyst World Of Charts pointed out that BNB has formed a downward wedge consolidation pattern, with a breakthrough imminent, with a target of $800. Whales have a significant position advantage, long positions dominate, and market sentiment is biased towards "greedy", but attention should be paid to the risk of callbacks.

Technical analysis, MACD golden cross appears, Chaikin capital flow rises, supporting the upward trend. However, the RSI is moving sideways to the bearish side, indicating short-term volatility. If BNB can effectively break through the resistance of $602 and $710, $800 will be within reach; otherwise, it may fall back to the support level of $461. Investors need to pay close attention to market dynamics and respond flexibly.

If you like to collect spot contracts, Junyang is a cornucopia. You can find this 👉@Square-Creator-38f0acad4

Still the same sentence🍜Picture🈶Wealth password

#杰克逊霍尔年会 #美国CPI数据连续第4个月回落 #新币挖矿TON #美国7月PPI低于预期 #Ripple于诉讼中取得部分胜利