đ„ BNB Consolidates Near $762 â Bullish Momentum Building? đ„
$BNB is trading at $761.92, up +0.54% after bouncing from its intraday low of $757.58. The 30-minute chart shows strong support from a bullish moving average stack:
MA-7 at $754.56 (immediate support)
MA-25 at $753.34 (reinforcing trend strength)
MA-99 far below at $741.45 (confirming long-term uptrend)
Price action is coiling near the dayâs high of $762.43 â a breakout above this resistance could ignite a push toward $770-$780. Bulls are clearly in control with the price holding firmly above all three MAs.
Key Levels to Watch:
đąÂ Support: $757.50 (todayâs low) â $754.50 (MA-7 backup)
đŽÂ Resistance: $762.50 (breakout trigger) â $770 (next target)
Short-Term Outlook:
BNB shows stronger momentum than BTC/ETH today (outpacing both). Consolidation below $762.50 looks like a bullish pause â if buyers reclaim this level, expect an acceleration upward. Only a drop below $754.50 would threaten the uptrend.
Verdict: Primed for continuation! đ