🔍 Quick Technical Analysis of BNB/USDT – on the 1-minute timeframe
🚀 Current Price: 830.29 USDT
📈 Daily Change: +5.79%
📊 Volume in 24 Hours: +335,232 BNB
💡 Summary: BNB shows strong upward movement on the short term, after a clear break of the previous support level at 823.20, reaching 831.00, and currently returning to retest these areas.
🧠 Technical Signals:
✅ Price is above the moving averages (MA5 and MA10) ⇒ Uptrend
✅ Buying momentum remains strong, with an increase in the OBV indicator.
⚠️ MACD shows some slowdown in momentum, which may indicate
#ETHReclaims3800 temporary correction.
📌 Watch Points:
Nearby Support: 826.00 - 827.00
Key Resistance: 834.00 then 840.00
🎯 Potential Trading Opportunity: 🔹 Buy from: 828 - 829 USDT
🔹 Stop Loss: Below 824 USDT
🔹 Targets: 834 first, then 840, God willing
📢 Note: Monitor the indicators closely, and trade according to a clear capital plan. The market is fast!
#BNB #Technical_Trading #BNB_Analysis #Binance #Crypto_Trading $BNB