BNB's current price is $743.77, with a 24-hour trading volume of $162.96 million. The 1-hour chart indicates a bearish trend, with the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) suggesting a potential continuation of the downward movement.
*Key Market Indicators:*
- *Current Price*: $743.77
- *24h High*: $770.11
- *24h Low*: $730.01
- *24h Volume*: $162.96 million
- *Market Cap*: $103.38 billion (approximately $107.71 billion as per recent data)
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*Technical Analysis:*
Some analysts predict that BNB may reach $731.61 or $701.05 in the short term, while others expect a rebound. The 1-hour chart shows a downward trend, and the RSI and MACD indicators suggest a potential continuation of this trend.
*Trading Ideas:*
- *Target Prices* ¹:
- Target 1: $731.61 (0.50 Fibonacci Golden Zone)
- Target 2: $701.05 (0.618 Fibonacci Golden Zone)
- Target 3: $657.54 (0.786 Fibonacci Golden Zone)
- Target 4: $602.12 (1 Fibonacci)
- *Stop Loss*: $861.10 (above recent high, ~25% above current price)
Keep in mind that cryptocurrency markets are highly volatile, and it's essential to do your own research and consider multiple sources before making any trading decisions.