$BNB /USDT has recently achieved a new all-time high, surpassing $880, driven by strong adoption and bullish momentum.
Support Levels:
Primary Support: $822.01
Secondary Support: $804.61
Tertiary Support: $775.33
These levels are derived from pivot point calculations and recent price action.
Resistance Levels:
Primary Resistance: $868.70
Secondary Resistance: $897.99
Tertiary Resistance: $915.39
These resistance levels indicate potential price ceilings in the current bullish trend.
Entry Zones:
Ideal Entry: $830–$840
This range aligns with recent support levels and offers a favorable risk-to-reward ratio for potential long positions.
Take-Profit Zones:
TP1: $868.70
TP2: $897.99
These take-profit levels correspond to the identified resistance points, where price may face selling pressure.
Stop-Loss:
Suggested Stop-Loss: $804.00
Placing a stop-loss just below the secondary support level helps manage risk in case of unfavorable price movements.
$BNB is exhibiting a strong bullish trend, having recently surpassed its previous all-time high. With clear support and resistance levels identified, traders can consider entering near the $830–$840 range, targeting take-profit zones at $868.70 and $897.99, while setting a stop-loss around $804.00 to manage potential downside risk.