🔥 $BNB /USDT Technical Analysis – Short-Term Trade Setup
Binance Coin (BNB) is showing steady strength, currently trading at $598.72, up +1.57% on the day. Here's a focused outlook for short-term traders:
Market Overview
24h High/Low: $600.41 / $589.37
Volume: 199,267 BNB ($118.69M USDT)
Support Zones: $593.83, $586.42
Resistance Zones: $600.41, $605.00
Technical Indicators
EMA: Bullish alignment suggests sustained upward pressure
RSI: Stable around 60 — room to climb without being overbought
MACD: Mild bullish crossover hinting at momentum building
Short-Term Price Targets
1️⃣ $605.00 – Immediate resistance breakout
2️⃣ $612.00 – Technical resistance zone
3️⃣ $620.00 – Momentum extension target
Stop Loss
Suggested below $586.00 to manage downside
Disclaimer: Always perform your own analysis. Not financial advice.
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