#BNB‬ Trading chart of BNB/USDT pair on Binance with 30-minute time frame

### Trend analysis

- **Moving Average (MA)**:

- MA(7): 616.4 USD

- MA(25): 616.5 USD

- MA(99): 589.8 USD

The current price of BNB is 616.3 USD, close to MA(7) and MA(25), showing short-term stability. Price above MA(99) shows that the long-term uptrend is still maintained. The MA(7) and MA(25) lines are horizontal or slightly increasing, reflecting stability and the possibility of continued price increases.

### Liquidity

- **Trading volume (Volume)**:

- BNB's 24-hour trading volume is 1.22 million BNB, equivalent to 744.56 million USDT.

- Trading volume increased sharply at some times, especially around 13:00 on May 21, 2024, showing strong participation from investors during the period

The strong increase in long-term trading volume shows steady interest and growth in BNB trading demand.

### Resistance and support

- **Resistance level**:

- The nearest resistance level is 631.4 USD, this is the highest price in the last 24 hours. If the price breaks above this level, a further rise to the next resistance level, around $650, is likely.

- **Support level**:

- The nearest support level is around 595.6 USD, which is the lower price of recent candles. If the price falls below this level, the next support will be around $577.4, the lowest price in the past 24 hours.

Conclude

BNB/USDT is in a long-term uptrend, supported by high trading volume and price stability above long MAs that should be watched if the price drops below this level to adjust trading strategy.

$BNB Providing information for everyone to make more accurate judgments :)Good luck