📊 BNB/USDT Technical Analysis – 1H Chart
Current Price: $842.21
Moving Averages:
MA7 (1H): $843.50
MA25 (1H): $850.48
MA99 (1H): $870.33
Trend Insight:
BNB is currently consolidating below short-term MA7 and MA25 but still below MA99, signaling a cautious bearish momentum in the 1-hour timeframe. Price action shows low volatility with potential for either a bounce or a deeper pullback.
Targets:
T1: $850 (short-term resistance)
T2: $870 (next major resistance, aligned with MA99)
T3: $890 (if bullish breakout occurs)
Support: $840 – watch this level closely for reversal signs.
💡 Tip: Keep an eye on volume spikes for confirmation of a breakout.
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