$BNB /USDT Technical Analysis and Target

Current price: 680.15
Resistance: 691, 700
Support: 678, 665

Indicators

MACD: Bullish crossover on 4H chart

EMA: Price above 50 and 200 EMA, signaling uptrend

Bollinger Bands: Narrowing, breakout likely

RSI: At 58, room for upward movement

Strategy
Entry: 678-682
Target: 710
Stop loss: 670

For swing traders, consider entry at 665-678 with a target of 740 and stop loss at 650. Watch for breakout above 691 to confirm further upward momentum. Manage risk carefully.

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