🔴Updates on BNB today📈📉🍀
🔸️Today, I am closely monitoring the movement of BNB, and I noticed that it has broken the historical resistance level at $800 for the first time in years, a level that has held since 2021. The price is currently moving around $806 with rising peaks and troughs, which for me is a clear signal of continued positive momentum.
🔸️If the price continues its breakouts, I see that the next logical target would be between $950 and $1,000, especially with the strong support from increasing trading volume and network activity. However, on the flip side, if there is any strong profit-taking and the price fails to hold above $800, I expect a potential decline towards support levels at $710–$700.
🔸️What makes me more optimistic is that the market cap of BNB has now surpassed $112 billion, even exceeding some major financial institutions globally. This reflects the strength of the project and its position among the major currencies in the market.
🌟My conclusion:
The overall trend is clearly upward, but I am approaching the situation wisely — I keep my long positions and watch for any opportunity to enter during corrections near support levels.
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