Technical Analysis of BNB/USDT
As $BNB
continues to show bullish momentum, letโs 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 ๐ฏ
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 ๐ฏ
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 ๐ฏ
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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