#TrendTradingStrategy Quick Technical Analysis:
Current Price: 694.09 USDT (+1.21%)
Structure Break (BOS) and Change of Character (CHoCH) indicate a trend reversal from bearish to bullish.
Price has broken above the Equal High (EQH), signaling strong buying momentum.
Stochastic RSI is in the overbought zone (91.54 & 100), indicating a potential short-term correction.
The balance zone and previous Price Mitigation levels (PM) below the current price indicate past buying interest.
BNB Price Prediction (Short-Term):
Potential Pullback: Due to the overbought RSI, a short-term correction is likely towards the 680–665 USDT range for consolidation.
Further Bullish Potential: If the correction is healthy and buying volume remains strong, the price may continue its upward movement towards the 710–730 USDT range (short-term target), especially if it breaks above the "Lower High" resistance.