๐ BNB/USDT Technical Analysis Update ๐
BNB/USDT is displaying strong bullish momentum across multiple timeframes with critical indicators supporting an upward trajectory.
Key Insights:
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Ichimoku Cloud: Price is trading above the cloud, confirming a strong uptrend.
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Leading Indicator & HullSuite: Showing long signals across 4H and 1D timeframes.
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MACD: Positive crossover, reinforcing bullish momentum.
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RSI: Near 70, indicating slight overbought levels but still room for upside continuation.
Support & Resistance Levels:
๐น Immediate Resistance: $727.00 - $730.00 (key supply zone).
๐น Strong Support: $716.00 and $702.00 (demand zones).
๐ฏ Strategy Tip:
Watch for a breakout above $730 for potential moves towards $750.Use trailing stops to lock in profits as targets hit.
๐ BNB remains bullish โ Prepare for further upside! ๐น
