$BNB Weekly Market Update đ
BNB has delivered a strong bullish move over the past 7 days, gaining roughly 17%+ and moving from the ~$600 zone toward $715â$720.
đ Weekly Technical Analysis
⢠Current Price: ~$716â$718
⢠7D Performance: +17% approx.
⢠Weekly Support: $690â$700
⢠Major Support: $650â$660
⢠Immediate Resistance: $725â$730
⢠Next Resistance: $750â$770
BNB has formed a series of higher highs and higher lows, showing strong buying pressure. The move above the $690â$700 area keeps the weekly structure bullish.
đĽ Bullish Scenario:
A confirmed daily close above $730 could open the way toward $750 â $770.
â ď¸ Bearish Scenario:
If BNB loses the $690â$700 support zone, a pullback toward $650â$660 could become likely.
BNB remains one of the stronger large-cap altcoins this week, but traders should watch volume and confirmation before chasing a breakout.
#bnb #BNB_Market_Update $BNB
BNB has delivered a strong bullish move over the past 7 days, gaining roughly 17%+ and moving from the ~$600 zone toward $715â$720.
đ Weekly Technical Analysis
⢠Current Price: ~$716â$718
⢠7D Performance: +17% approx.
⢠Weekly Support: $690â$700
⢠Major Support: $650â$660
⢠Immediate Resistance: $725â$730
⢠Next Resistance: $750â$770
BNB has formed a series of higher highs and higher lows, showing strong buying pressure. The move above the $690â$700 area keeps the weekly structure bullish.
đĽ Bullish Scenario:
A confirmed daily close above $730 could open the way toward $750 â $770.
â ď¸ Bearish Scenario:
If BNB loses the $690â$700 support zone, a pullback toward $650â$660 could become likely.
BNB remains one of the stronger large-cap altcoins this week, but traders should watch volume and confirmation before chasing a breakout.
#bnb #BNB_Market_Update $BNB
