$BNB (Binance Coin) Update
Price Action:
BNB is showing strong bullish momentum lately, holding above key support levels and gradually climbing. A breakout above $620 could push it into a new rally zone.
Current Price: $595 (example, adjust to real-time)
Trend: Bullish โ
Support: $575
Resistance: $620
Signals:
Buy Zone: $575 โ $585
Target 1: $620
Target 2: $650
Target 3: $700
Stop Loss: $560
Indicators:
RSI near 60 โ room for upside
MACD turning bullish
50 EMA acting as dynamic support
Sentiment: Positive news around Binance ecosystem & increasing DeFi activity on BNB Chain
Conclusion:
BNB is heating up! Eyes on $620 breakout for the next leg up. Perfect opportunity for swing traders.