$BNB /USDT: Bulls Eyeing a Strong Comeback! 🚀💹
The Binance Coin ($BNB ) is showing signs of renewed strength, bouncing back from recent lows and eyeing critical resistance levels. With price stabilizing around the $588 zone, traders are watching closely for the next breakout.
Current Price: $588.0 USDT
Key Indicators:
7 MA: 585.2
25 MA: 584.5
99 MA: 586.5
🎯 Targets to Watch:
1. Target 1: $598.0 - Initial resistance, testing buyer strength.
2. Target 2: $610.0 - Break above this confirms bullish momentum.
3. Target 3: $625.0 - Final target signaling a full recovery and further upside potential.
If $BNB clears these levels, we could see a strong push toward even higher zones. However, failure to hold current support around $581 may lead to a retest of lower levels. Keep your eyes on volume and momentum indicators for entry points!
