🏆 BNB Approaches Breakout Zone — Can Bulls Take Control?
BNB is reversing gains from $825. The price is confronting obstacles at $815 and may rise soon.
BNB is reversing gains below $815.
The price is over $800 and the 100-hour SMA.
A crucial contracting triangle with support around $804 is building on the hourly BNB/USD chart.
To rise soon, the pair must remain above $792.
BNB Price Supports
BNB price failed to break $830 after a steady rise. Ethereum and Bitcoin corrected below $820 and $815.
The price dropped below $800 to $792. The price is trying to rise from $792, its low. It moved over the 50% Fib retracement level of the $827 swing high to $792 low decline.
The price is above $810 and the 100-hourly SMA. On the hourly BNB/USD chart, a contracting triangle with support around $804 is forming.
The upswing may encounter resistance at $815 or the 61.8% Fib retracement level of the decline from the $827 swing high to the $792 low. Near $820 is the next resistance. A decisive break over $820 might boost prices.
In this instance, BNB may reach $832. A closing over $832 barrier might lead to a rise above $840. More gains may test $850 soon.
Another Fall? BNB may decrease if it fails to break $815 barrier. Initial negative support is $804. Near $800 is the next big support.
The major support is $792. If the price breaks below $792, it might fall to $780. More losses might cause a drop to $768.
Tech Indicators
Hourly MACD - BNB/USD MACD is rising in the positive zone.
Hourly RSI (Relative Strength Index): BNB/USD is over 50.
🚀 $ETH On the brink of a new peak – Are we witnessing a historic breakthrough soon? 📈 General trend: $ETH is bullish after a strong rebound from $4,200, with a new peak recorded at $4,320 during the day. 📊 Price action: Consecutive bullish candles indicate the continuation of buying momentum, and high trading volume supports the trend. 📌 Important levels: Support: $4,200 Resistance: $4,320 Potential targets: $4,350 – $4,400 --- 📰 Influential news: 1. Launch of a new test network for Ethereum 3.0 with improvements in speed and security. Source 2. Increase in the number of active wallets on the #Ethereum network by 8% over the week. Source 3. Rise in ETH burning operations by 15%, reducing the circulating supply. Source --- ✅ Positives: Bullish trend with breaking of minor resistances. Positive technical news supporting the project. Increase in burning reduces inflation in the currency. ⚠️ Negatives: Approaching resistance at $4,320 may slow down the rise. Possibility of a correction if trading volumes suddenly decrease $ETH
Litecoin is trading at $124.44, up +2.50% in the last 24 hours. The price has bounced strongly from $118.25 support and is approaching the $126.14 resistance. Momentum is clearly bullish, and if buyers push above resistance, a test of recent highs is likely.
Spot Buy Setup
Buy Zone: $123.80–$124.50
Stop Loss: $121.80
Target 1: $126.14 (+1.3%)
Target 2: $128.50 (+3.2%)
Target 3: $129.16 (+3.8%)
Partial profit booking is recommended at each target.
Risk Management Watch for rejection near $126–$129 zone. Adjust stop loss to break-even after hitting T1. Avoid over-leveraging, even in strong uptrends.
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