BNB continues to show strength against Bitcoin, currently trading at 0.007325 BTC ($833.7), up +0.21% in the last 24h. After testing the 0.007269 support zone, the pair has bounced back, signaling active buyer interest. 📊
📌 Market Highlights:
24h High: 0.007385
24h Low: 0.007269
24h Volume: 9,436 BNB / 69.14 BTC
Trend Frame: 15m short-term analysis
🔎 Technical Breakdown:
1. Support Levels:
Strongest near 0.007269 (24h low, key defense zone).
Additional support at 0.007287 – 0.007310 range.
2. Resistance Levels:
First challenge at 0.007332 (aligned with MA(7) & MA(99)).
Next hurdle at 0.007355, followed by a breakout zone near 0.007385.
3. Moving Averages (MA):
MA(7): 0.007332 → currently acting as immediate resistance.
MA(25): 0.007346 → just above price, short-term bearish pressure.
MA(99): 0.007331 → shows consolidation zone.
🎯 BNB/BTC Price Targets:
Target 1: 0.007332 → reclaim this to shift momentum.
Target 2: 0.007355 → breakout confirmation level.
Target 3: 0.007385 → bullish continuation target.
⚠️ On the downside, keep an eye on the 0.007310 – 0.007287 zone. If broken, sellers may attempt to retest 0.007269.
📢 Pro Trader’s View:
BNB is consolidating near crucial moving averages. A sustained close above 0.007346 could trigger strong upward momentum, while a breakdown below 0.007287 would open the door for deeper retracement.
💡 Strategy Tip: Short-term traders can look for scalping opportunities between support and resistance levels, while swing traders may wait for a breakout confirmation above 0.007355 for safer entries.
⚡ “Patience is the re
al leverage in trading – let the chart speak before you move.” ⚡