š Quick Technical Analysis of BNB/USDT ā on the 1-minute timeframe
š Current Price: 830.29 USDT
š Daily Change: +5.79%
š Volume in 24 Hours: +335,232 BNB
š” Summary: BNB shows strong upward movement on the short term, after a clear break of the previous support level at 823.20, reaching 831.00, and currently returning to retest these areas.
š§ Technical Signals:
ā
Price is above the moving averages (MA5 and MA10) ā Uptrend
ā
Buying momentum remains strong, with an increase in the OBV indicator.
ā ļø MACD shows some slowdown in momentum, which may indicate
#ETHReclaims3800 temporary correction.
š Watch Points:
Nearby Support: 826.00 - 827.00
Key Resistance: 834.00 then 840.00
šÆ Potential Trading Opportunity: š¹ Buy from: 828 - 829 USDT
š¹ Stop Loss: Below 824 USDT
š¹ Targets: 834 first, then 840, God willing
š¢ Note: Monitor the indicators closely, and trade according to a clear capital plan. The market is fast!
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#Crypto_Trading $BNB #ETHReclaims3800