$BNB /USDT Technical Analysis & Market Update

Current Price: $568.0 (+6.37%)

BNB is currently trading at $568.0, reflecting a strong upward momentum with a gain of 6.37%. The price is above the 7-day moving average (MA) at $569.2, the 25-day MA at $556.8, and the 99-day MA at $537.5, confirming a bullish trend.

Resistance: The nearest resistance level is at $573.7. A breakout above this level could lead to additional gains.

Support: On the downside, support is established at $559.6. A break below this support level could indicate a bearish reversal.

Long Trade: Enter above $573.7, then Targets: $580.0, $590.0

Short Trade: Enter below $559.6, then Targets: $550.0, $540.0

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