💡 Quick technical analysis:
✅ BNB is rising strongly! After falling to a low of $601.25, it has risen again and is currently trading at $645.53, showing a strong recovery that reflects new buyers entering with clear confidence.
✅ RSI at 61.19 – it means there is still room for upward movement! The indicator is still far from the overbought zone, leaving the door open for more positive momentum.
✅ MACD is positive and expanding! The blue line crosses above the orange line with rising momentum, indicating the beginning of a clear upward wave.
✅ The stochastic indicator (K: 62.58 | D: 72.75) shows positive movement, but it still needs more push to confirm the breakouts.
📈 Expected Scenario:
If the price manages to break the resistance at $652.64 (the highest price in 24 hours), we may witness a rapid surge towards $670 and then $680, especially if market volumes support this movement.
However, if it fails to surpass $652, it may return to test support levels at $630 or even $613 as a phase of re-accumulation.
⚠️ Advice (before it's too late 😎):
If you are in the market, watch the $652 area closely – it is the gateway to a strong breakout.
And if you are thinking of entering, wait for a confirmation signal above this level to reduce risks.
BNB is still one of the heavyweight cryptocurrencies, but even champions need crowd momentum (and huge liquidity) to soar! 💸🔥
🎤 The most important question: Will $BNB continue to soar above $650? Or will the bulls tire before reaching the target? 🤔👇