Good morning my all Binance family🌻💞
here is the future trade for $BNB today
Binance Coin (BNB) is trading at approximately $664.72.
BNB has recently broken out above the $620 resistance level and is now consolidating near $663.19, just below the recent swing high of $678. This breakout was supported by increased trading volume and trendline confluence, indicating a bullish momentum.
Future Trade Considerations:
Short-Term Outlook: BNB is currently consolidating near $663.19, just below the recent swing high of $678. If it sustains above the $660 level, it may attempt to retest the $678 resistance. Support levels to watch are at $643 and $617, which have recently flipped from resistance and align with key Fibonacci levels.
Mid to Long-Term Projections: Analysts have varying predictions for BNB's price in 2025. Some forecasts suggest a potential rise to $1,155, driven by factors like token burns and strong technical patterns. Others predict a more conservative range, with highs around $676.31.
Strategic Considerations:
Bullish Scenario: If BNB maintains its bullish momentum and breaks above the $678 resistance, it could target higher levels in the coming months.
Bearish Scenario: Failure to hold above the $660 support could lead to a retest of the $643 or $617 support zones.
