$BNB

$BNB 📈LONG: $BNB (1H)

#BNBUSDT | #BNB | #BNB

Current Price $506.99

Market Cap $73.97B

Change 1h +1.00% | 24h -0.72%

Hourly Indicators:

‱ RSI: 46 - Neutral 🟠

‱ MACD: -1 - Bearish 🔮

‱ EMA: 509 - Below 🔮

Analysis:

BNB has shown strong resilience at the $500 mark, indicating that this level is a solid support zone. With repeated bounces off $500, there's potential for a bullish trend emerging. The chart suggests a move toward the resistance around $512, possibly igniting further upward momentum.

Price Targets:

If BNB continues its current trend, we could see it testing the next resistance levels. The first target is around $512. If it breaks through, the next level to watch is $520.80. Keeping an eye on these levels is crucial for understanding BNB's potential upward movement.