🔍 Technical Analysis of BNB Coin – Is it Time to Take Off?

The BNB (Binance Coin) is experiencing relative stability within a strong support range between $590 – $610, which forms a potential launch base if it breaks the upcoming technical resistance at $630.

📈 Important Levels:

Strong Support: $590 – $610

Next Resistance: $630 then $665

If it breaks $665: we may see a rise towards $700 – $750

📊 Technical Indicators:

The RSI indicator is in a neutral area leaning towards the upside.

A positive crossover in moving averages (EMA 20 with EMA 50) supports the upward movement.

🔥 Expectation: Continuing to hold above $600 gives a positive signal for a potential upward wave, but breaking below $590 may bring the price back to $560 levels.

📌 Tip: Monitor the general market movements, especially Bitcoin's movement, as BNB is directly affected by it.

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