๐ฅ $BNB Ignites After $2B Mega Boost! ๐
๐ August 12 Update:
Abu Dhabi-based MGX has invested a record-breaking $2 billion into Binance โ and BNB exploded in response! ๐
๐ฅ Price Action:
$BNB surged +15% in just 48 hours, smashing through resistance and hitting a new all-time high of $864! ๐
๐ Market Signals:
RSI > 70 โ Slightly overheated short-term, but bulls are firmly in control ๐
MACD & Green Histogram โ Momentum remains strong โก
MAs (7Dโ200D) โ All trending upward, confirming the bull run โ
๐ Key Levels to Watch:
Resistance: $861 โ A clean breakout could target $900, then $950โ$1,000 ๐ฏ
Support: $820โ$830 strong, then $730 & $639 as deeper levels.
๐ก Analyst Take:
If $BNB holds above $850, a rally to $1,100โ$1,250 within 30 days is possible! ๐
A small RSI cooldown could be the perfect entry point before the next leg up. ๐
๐ฐ Liquidity Check:
Over $345M moved in the last 24 hours, providing plenty of fuel for bigger swings โฝ
โ ๏ธ Caution: Falling below $850 could mean a 13% pullback to $730. Fundamentals remain strong, but market sentiment will decide the next move.