8.14 BNB Early Morning Analysis

Currently, BTC and ETH are fluctuating at high levels, and the overall bullish pattern remains intact, indicating that mainstream coins still have conditions for continued rebound. BNB has formed a V-shaped reversal on the daily chart, reaching a high of 860 tonight, just one step away from the previous high of 861.

Trading Suggestions

Support Levels: The range of 830 to 785 serves as a bullish defense line; if it holds, one can consider re-entering long positions.

Breakout Level: If 861 is broken with volume, the upper space could target 880-900.

$BNB $BTC $ETH

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