Quick Technical Analysis BNB/USDT – 15 Minute Timeframe:
Current Price: 698.24 USDT
24-Hour High: 698.33
EMA Moving Averages:
EMA 50 = 692.11 ✅
EMA 150 = 689.67
EMA 200 = 689.45
🔹 Analysis:
The price has strongly broken above the three moving averages, especially the EMA 50, indicating strong bullish momentum.
The last candle formed a sharp upward movement, showing strong buying interest.
The price being above the averages reflects a short-term upward trend.
Trading volume is high, supporting the upward movement.
🔹 Conclusion: The current trend is strongly bullish, and we may see a continuation towards resistance areas above 700 USDT if the momentum persists.
However, caution is advised regarding quick corrections after upward movements.