$BNB BNB (Binance Coin) Technical Analysis – March 25, 2025

1. Current Price and Market Trend

Current Price: $640.94

Daily Change: +2.14% (Bullish Momentum)

24H High: $641.23

24H Low: $619.56

BNB is showing a steady uptrend after a period of consolidation, indicating a bullish trend.

2. Technical Indicators Analysis

✅ Moving Averages

50-Day Moving Average: BNB is trading above it → Bullish Signal

200-Day Moving Average: Long-term uptrend remains intact → Potential for a big breakout

✅ Relative Strength Index (RSI - Strength of Trend)

RSI = 68 → Not overbought yet, room for more upward movement

✅ MACD (Momentum Indicator)

MACD line is crossing above the signal line → Bullish crossover, potential for further gains

✅ Support and Resistance Levels

Nearest Support: $620

Key Resistance: $675 – If broken, BNB could push toward $700+

3. Chart Patterns & Potential Price Movement

🔹 Double Bottom Pattern: Typically signals a bullish reversal, suggesting further price increase.

🔹 Ascending Triangle Formation: If BNB breaks above $675, it could rally towards $700+.

🔹 Fibonacci Retracement: The 50% level is holding, confirming a bullish continuation.

4.Possible Trading Strategy

If you're looking to enter a long (buy) position:

Entry Range: $630 – $640

Target 1: $675

Target 2: $700 – $720

Stop Loss: $610

If the price drops below $620:

BNB could turn slightly bearish and retest $600 support.