Technical Analysis of BNB/USDT

As $BNB

continues to show bullish momentum, letโ€™s dive into the current technical analysis and highlight three key price targets to watch.

Current Price: $604.2 (+2.76%)

Key Levels to Watch:

1. Target 1: $609.0 ๐ŸŽฏ

This level represents the recent 24-hour high. A breakout above this resistance could signal further bullish momentum, possibly attracting more buyers and pushing the price higher.

2. Target 2: $607.4 ๐ŸŽฏ

Just below the 24-hour high, this level is crucial for sustaining the upward trend. If BNB can maintain trading above this price, it may establish a strong support zone for future upward movements.

3. Target 3: $596.1 ๐ŸŽฏ

This level serves as a potential support if the price retraces. A bounce from here would indicate strong buying interest and could provide a good entry point for traders looking to capitalize on potential upward swings.

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