$BNB
š Live Price & Market Overview
Live Price: ~$687.9 (range: $675.9ā$693.6)
Market Cap & Volume: ~ $96B cap, ~$2.1B 24h volume
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š Technical Outlook
Broad Trend: BNB maintains bullish momentum, supported by its key role in the Binance ecosystem (fee discounts, staking), even after a recent ~2ā3% pullback .
Indicators:
RSI ~56ā61: Neutral to bullish, room to rise
MACD bullish crossover; Stochastics neutral but leaning buy
Bollinger bands show upper-band test (~$696), indicating strength
Moving Averages:
Support zone: SMA20/50 around $665, SMA200 ~ $640
Currently trading above all short- and mid-term MAs, reinforcing bullish bias
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šÆ Trade Strategy
Trade Type Entry Condition Stop Loss Profit Targets
Swing / Position Buy near $675ā$680 (support MA zone) $665 TP1: $710 ā TP2: $735 ā TP3: $750ā$765
Momentum Breakout Breakout above ~$693ā700 with volume $685 TP1: $710 ā TP2: $735
Defensive / Short Breakdown below $675 $685 $650 ā $620
Support Range: $675ā$680 (20ā50 SMA) ā key for bullish continuation
Resistance Zones: $693ā700 (recent highs), then $710, $735, and psychological $750+