🚨 Binance BNB: The Golden Opportunity or Market Trap? 💰🕵️‍♂️

After analyzing the BNB chart on the hourly timeframe ⏱️, it appears that the price is trading above the main support at $708, with a clear upward trend and strong buying momentum.

🔍 Key Indicators:

⚡️RSI Indicator 61.88: Neutral state, not overbought yet.

⚡️MACD & Stochastic Indicator: Slight sell signals, requiring continuous monitoring.

⚡️ADX Indicator 28.5: Strong trend, but caution is needed at upcoming resistance levels.

Technical Recommendation:

⚡️Buy when trading above $708, with initial targets of $860 then $900.

⚡️Stop Loss: Below $708 to protect capital.

📌 Note: The market is volatile, and momentary changes can turn an opportunity into a quick trap!

Will BNB continue its rise or will the market surprise us? 👀💥

#bnb #BNB_Market_Update #bnblauncpool #BNBLUNCPOOL #BNBToken $BNB