BNB/USDT Ready to Blast Off? Your Ultimate Trading Guide Awaits! 🚀
Hey Binance Square traders! It’s 03:24 AM PKT on August 10, 2025, and BNB/USDT is buzzing at $803.92, up 0.73% with a hefty 491.18M USDT volume. With the market showing signs of life, let’s unpack the weekly (Aug 10 - Aug 17), daily, and spot trading predictions tailored for you!
Weekly Forecast (Aug 10 - Aug 17, 2025)
The weekly chart reveals a potential reversal, with the 20-day MA at $804.53 and 44-day MA at $805.45 hovering near the current price. The $809.37 resistance is critical—if BNB/USDT breaks this level, a climb to $850 by August 17 is in play. A drop below $792.89 could trigger a pullback. Volume (608,339.86 BNB) supports a bullish case if momentum builds.
Trading Tip: Enter a buy at $800.72 with a stop-loss at $792.89, targeting a 5-6% gain by mid-week.
Daily Outlook (Aug 10 - Aug 11, 2025)
On the daily chart, BNB/USDT is testing $800.72 support, with the MACD showing a slight bullish crossover (0.03). The 5-day MA ($985.80) and 10-day MA ($1,787.18) suggest short-term stability. Expect a push toward $809.37 today if volume spikes above 417,633. Watch for a close above $803.92 to confirm the trend.
Trading Tip: Day traders can scalp between $800.72 and $809.37, aiming for a 1-2% profit by EOD.
Spot Trading Strategy
For spot traders, $803.92 is a solid entry point. The RSI is neutral, and the Bollinger Bands indicate room for a 3-4% upside before overbought conditions. Buy now with a target of $829.86 and a stop-loss at $800.19. Hold until August 12-13 for optimal returns if the trend holds.
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Final Thoughts
BNB/USDT is showing early signs of a breakout—seize the moment with a smart strategy! Stay tuned to Binance Square for live updates and let’s profit together!
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