$BNB
Binance Coin (BNB) is currently trading at $694.33, with a 1.30% increase in the last 24 hours.
*Key Statistics:*
- *Current Price*: $694.33
- *Market Cap*: $93.61 billion
- *24-hour High*: $697.24
- *24-hour Low*: $682.83
*Technical Analysis:*
- *Trend*: BNB is in a strong long-term uptrend, trading within a rising channel with support levels at $460-$500 and resistance levels at $2,600-$4,000.
- *Short-term Trend*: The price is above the 100-hourly simple moving average, confirming a short-term upward trend.
- *Resistance Levels*: $679.88, $697.83, $710.73, and $728.12
- *Support Levels*: $648.5-$637.5, $608.5-$592.5, and $621.21
*Trading Setup:*
- *Entry*: Consider buying near support levels ($579-$583 or $648) with confirmation if the price stays above $579 with volume.
- *Take Profit*:
- *First Target*: $595 (immediate resistance zone)
- *Higher Targets*: $697.83, $710.73, and $728.12
- *Stop Loss*:
- *Conservative Stop*: $561 (below MA(99) for safety)
- *Aggressive Stop*: $570 (below recent support)