$BNB
/USDT ā Daily Chart Analysis
šÆ Targets:
Target 1: $890
š¼ Short-term resistance, just below previous highs.
Target 2: $920
š„ Potential breakout if momentum continues.
Target 3: $960
š Psychological and Fibonacci extension level.
š”ļø Support Levels:
Immediate Support: $843
š 7-day MA acting as a dynamic short-term trend line.
Stronger Support: $806
š§ 25-day MA and previous correction base.
āļø Technical Overview:
Bullish engulfing candle with +5.92% gain shows strong buying from the dip.
MA 7 > MA 25 > MA 99 ā full bullish trend alignment.
A move above $875 could trigger a breakout rally, with RSI likely heating up.
š Summary:
BNB is in a solid uptrend. Maintaining above $843 keeps bullish momentum alive. Clearing the $890ā$900 zone paves the way toward $960, while a close below $806 would weaken the bullish outlook.