🚀 BNB/USDT Eyes Breakout After Sharp Intraday Spike
BNB has shown strong bullish momentum today, climbing to $849.06 (+5.19%) and approaching its 24h high of $854.44. The surge came after a consolidation phase around $828, followed by a decisive breakout on high trading volume.
Key Technical Points:
15m Chart: Price broke above the MA(25) and MA(99) with a strong bullish candle, signaling potential trend continuation.
RSI(6): Currently at 66.47, indicating bullish strength but nearing short-term overbought territory.
Support Levels: $839.84, $831.88
Resistance Levels: $854.44 (recent high), $855.76 (next breakout target)
Market Outlook:
If bulls maintain momentum and break above $855, BNB could retest higher resistance levels from recent daily highs. However, a pullback toward $839–$832 is possible if profit-taking kicks in.
Trading Plan:
Bullish Bias: Enter on pullbacks above $840 with tight stop-loss below $831.
Caution: Watch RSI — if it crosses into overbought (>70), short-term corrections may occur.
BNB continues to be one of the top-performing large-cap altcoins today, driven by strong volume and positive market sentiment.
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