📊 Analysis and forecast for $BNB : time to exit? 🚀
As of May 21, 2025, 18:59 EEST, the price$BNB on Binance is $664.68, with a 3% increase over the last 24 hours. The trading volume for the day is $1.75B, and the market capitalization is $94.4B (according to market data). Sentiment on X is optimistic: indicating a bullish trend with the potential for growth to $935 in the short term.
Technically, BNB shows strength. On the daily chart, the price is above the 50-day moving average ($586.15), and the RSI (14) at 61 indicates moderate bullish momentum. Key levels: support at $644, resistance at $700. A breakout above $700 could push the price to $935, but a drop below $644 would intensify pressure towards $575. Volumes are stable, supporting the current trend.
Forecast: in the short term (by the end of May) BNB could reach $935 if momentum is maintained. By July 2025, a correction to $575 is possible due to volatility. The long-term target for 2026 is $1424, according to InvestingHaven, provided the market remains stable.
Time to exit? After a 3% increase and the current price of $664.68, taking profits seems reasonable, especially before the resistance at $700. Set a stop-loss at $644 for protection. For long-term investors, holding with a target of $935 is justified, but keep an eye on Binance news and regulatory risks. $BNB is promising due to the ecosystem, but the market is volatile — act cautiously! #bnb #Binance #CryptoAnalysis
