📊 PRICE ANALYSIS $BNB : Will there be a breakthrough?
Today, BNB demonstrated impressive volatility, rising to 613 USDT after a sharp increase from the level of 507 USDT. However, after reaching the peak, a correction occurred, and currently, the price is consolidating around 573 USDT. If we conduct a small technical analysis, we will find that
🔹Short-term moving averages (MA 7 and 25) confirm the upward trend.
🔹The long-term average (MA 99) indicates an important resistance level around 587 USDT.
🔹Trading volume has sharply increased, indicating strong interest from traders.
📉 Possible scenarios:
✅ If BNB consolidates above 582 USDT, a new wave of growth may begin.
❌ In case of a pullback, the key support point will be 554 USDT.
What do you think, is BNB worth investing in? 🤔💬
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