🚀 Analysis of currency $BNB – Opportunity to exploit the drop to enter
💰 Current price: 918$
🎯 Upcoming targets:
• First target: 980$
• Second target: 1050$
• Third target: 1120$
🛑 Stop loss: 910$
Currency $BNB is the primary currency for the Binance platform, used to pay fees within the platform, in addition to supporting various projects on the Binance Smart Chain. The demand for BNB is strong, especially with the platform's expansion and the emergence of new products.
🔎 The indicators I relied on in my analysis:
• RSI on the daily has reverted from the oversold area → Opportunity for gradual rise.
• MACD on the four-hour is close to a bullish crossover.
• The price is moving above an important support around 915$.
• Trading volume is increasing, supporting the continuation of positive movement.
⚠️ Alert:
The analysis is my personal opinion only and not financial advice. Always monitor the market before entering.
What do you think of the upcoming movement of $BNB ? 👇🔥
