đš $BNB /USDT Market Update âĄ
$BNB is currently trading at $564.4, showing a slight drop of -0.93% in the last 24 hours. The 24-hour high reached $572.9, while the low touched $551.5, demonstrating notable volatility in the market. Volume is high, with 189,022 BNB and 106.55M USDT traded, reflecting significant activity.
The price is now hovering around key moving averages (MA7: $563.3, MA25: $565.1, MA99: $572.7), indicating potential resistance ahead. BNB found support at $551.5 and has started to bounce back, though it's still below the MA99, which could serve as the next resistance level.
đ Long Trade Setup: If $BNB breaks above $572.9, expect potential targets at: đŻ TP1: $580.0 đŻ TP2: $587.8 đŻ TP3: $600.0
đ Short Trade Setup: If BNB drops below $551.5, further downside pressure could drive the price lower, with $540 as a possible target.
Keep a close watch on the market dynamics as this could lead to a significant breakout or further consolidation.
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