🚀 $BNB /USDT - Strong long-term breakout above 800
dollars
$BNB has just broken the psychological resistance level of 800 dollars, recording a high of 803.91 dollars, with a strong increase of +4.8%. This breakout came after repeated rejections in the range of 780-795 dollars, confirming the continuation of the upward trend.
📈 Long-term entry area:
785 - 800 US dollars (breakout retest area)
🎯 Profit-taking targets (TP):
825 US dollars
845 US dollars
865 US dollars
890 US dollars
920 US dollars and above
🛑 Stop loss (SL):
772 US dollars (below the last consolidation)
📊 Technical notes:
Strong bullish momentum candle over one hour with high trading volume
Clear breakout after long-term consolidation around 745 - 780 US dollars
The price of BNB may rise as long as the price of BTC remains stable above 117 thousand US dollars.
📝 Note: If the price of $BNB maintains its price above 800 US dollars for the next few candles, it may turn into strong support for higher upward targets.
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