$BNB is showing resilience, gaining 0.42% while broader market conditions remain weak. Trading at $688.30, it continues holding above its ascending 50-day moving average. Neutral funding rates and steady futures Open Interest suggest relatively balanced positioning. However, broader market capitulation remains a potential downside risk.
đ Bias: Neutral-Bullish | đŻ Entry: $680â$685 | đĄ Support: $675 | đ§ Resistance: $710 | đŻ Targets: $698 / $712 / $725 | â Invalidation: Daily close below $665
Strategy: Monitor the $680â$685 entry zone for continued support confirmation. A sustained move above $710 would strengthen the bullish continuation case.
#BNB #BinanceCoin #CryptoTrading #MarketAnalysis #BinanceSquare
đ Bias: Neutral-Bullish | đŻ Entry: $680â$685 | đĄ Support: $675 | đ§ Resistance: $710 | đŻ Targets: $698 / $712 / $725 | â Invalidation: Daily close below $665
Strategy: Monitor the $680â$685 entry zone for continued support confirmation. A sustained move above $710 would strengthen the bullish continuation case.
#BNB #BinanceCoin #CryptoTrading #MarketAnalysis #BinanceSquare
