$BNB ๐ BNX/USDT Market Analysis โ Binance (15M Chart)๐ฅ๐ฅ๐ฅ๐๐๐๐๐
๐ Date: Feb 12, 2025 โ 09:59 UTC
๐ฐ Current Price: $0.8074
๐ Volume: 2.4M
โก Trend: Bullish Breakout
๐ Key Levels๐๐๐๐๐๐๐
๐ผ Resistance: $0.85 | $0.90
๐ฝ Support: $0.75 | $0.72
๐ Technical Indicators
โ Moving Averages:
Price surged above key moving averages (50 EMA, 100 EMA).
Strong volume supports the bullish move.
๐ ADX & RSI:
ADX: 41.74 (Strong trend developing).
RSI: 67.22 (Approaching overbought, but still room for upside).
DMI+: 37.08 (Bullish dominance over DMI- at 9.14).
๐ Trading Plan
๐ข Bullish Continuation (Long Entry)
๐ Entry: Above $0.81 (Momentum confirmation).
๐ Stop-Loss: Below $0.79 (Protect gains).
๐ Take-Profit: $0.85 - $0.90
โ Confirmation: RSI stays above 60, strong volume.
๐ด Bearish Rejection (Short Setup)
๐ Entry: Below $0.78 (Break of support).
๐ Stop-Loss: Above $0.80 (Invalidation level).
๐ Take-Profit: $0.75 - $0.72
โ Confirmation: RSI drops below 55, volume fades.
โณ Trade Duration: 15 Minutes โ 3 Hours
๐ข Conclusion:
๐ Trend: Bullish momentum breakout with strong volume.
โก Strategy: Watch for a move above $0.81 for a continuation, or below $0.78 for a potential retracement.
๐ Disclaimer: Not financial advice. Always conduct your own research and risk management. ๐
