#MarketPullback
Third: Technical Analysis of BNB with Trading Strategy for its Current Price
🟠 Binance Coin (BNB)
🔍 Technical Analysis
Current Price: Approximately $670.
Support Levels: $630 and $570.
Resistance Levels: $690 and $700.
Technical Indicators:
RSI: Indicates moderate upward momentum.
MACD: Positive crossover, supporting the upward trend.
Moving Averages: Support the upward trend in the medium term.
📈 Future Expectations
Short Term: If support at $570 is maintained, the price may rise to $700.
Medium Term: Expectations of the price reaching $800 – $1,000 by the end of 2025, driven by the expansion of the Binance platform and its services.
Long Term: Expectations of the price reaching $1,500 by 2030, with the continued growth of the ecosystem.
🧠 Trading Strategy
For short-term investors: Buy upon retesting $570 with a close stop loss.
For long-term investors: Hold the coin while monitoring the performance of the Binance platform and its expansions.
