technical_analysis

Many traders debate:
👉 “Only Technical Analysis is enough”
👉 “No, news controls the market”

💡 Reality check:
Successful trading happens when BOTH technicals and fundamentals work together.
🔍 Why Technical Analysis Is Important
Technical Analysis helps you identify:
📌 Exact entry & exit points
📌 Support and resistance levels
📌 Overall trend direction
📌 Proper risk management (SL & TP)
Without technicals, trading becomes nothing more than guessing 🎯❌

📰 Why Fundamentals (News) Matter So Much
Fundamentals control market psychology and sentiment.
💥 Negative News = Instant Dump
Examples:
Exchange hacks 🏴‍☠️SEC lawsuits ⚖️ETF rejection ❌Interest rate hikes 📈

👉 Even a bullish chart can dump suddenly within minutes.

🚀 Positive News = Sudden Pump
Examples:
ETF approval ✅Major partnerships 🤝Interest rate cuts 📉Institutional buying 🏦
👉 Price pumps before indicators even react.

⚠️ Important Reality of the Market
Sometimes:
Charts look perfectly bullishRSI, MAs, and patterns all align 📊

👉 One bad news = sharp crash 😬
And other times:
Charts look weak or sideways

👉 One strong news = explosive pump 💣🚀
🧠 Smart Trader Rule
✅ Use Technical Analysis to plan your trade
✅ Track Fundamentals to avoid sudden market traps
❌ Ignoring either one = high risk to your capital

🏁 Final Take
📉 Technical Analysis shows WHERE to trade
📰 Fundamentals decide WHEN and WHY the market moves
🔥 Combine both → trade like a professional, not a gambler 🎯💰
#technical_analysis
#fendamental

Hey Folks, we know $BNB is like a pure gold, so many use cases here. We all know that $BNB plays important role in all #Binance Products like Binance Launchpool, Binance Megadrop, Binance Airdrops HODLer, etc...I have many articles on my profile explaining how to take the best advantages of $BNB
I'll give you a small brief about $BNB and why I think is has super bright future but first let's talk about the chart!
Technical Analysis

$BNB
Still in a range. Currently is forming very bullish monthly candle( bullish pin bar). Once the range is resolved is expected to take new highs at around $770.
Against $BTC trading at range low most likely next target middle range and range high. There is room for an upside.
Price action is above the weekly EMA ribbon which indicates Bull Market on the weekly time frame.
Interesting fact:
On May 11, 2024, BNB was the fourth-largest cryptocurrency by market capitalization, behind only Bitcoin, Ethereum, and USD Tether. That's pretty impressive right 🔥
Binance Coin Burning
Every quarter, Binance uses one-fifth of its profits to repurchase and permanently destroy (or "burn") BNB held in its treasury. Binance has regularly performed these burning events. The previousBNB burn as of May 2024 was on April 24. Binance burned a total of 1.94 million BNB, equivalent to $670.78 million. It was Binance's 27th quarterly BNB burn.
And a bit before I wrote this was the lastest 28th burn!
Here are the facts and figures from the latest burn:
Auto-Burn (Total BNB burned): 1,643,698.8 BNB
Approximate value in USD around the time of burn: ~$971M
$BNB price eyes return to 2024 peak of $721.80
Binance Coin (BNB) trades around $585 at the time of writing. Binance Coin is likely to extend gains by 24% and revisit 2024 peak of $721.80, seen previously on June 6.
Binance’s native token could face resistance at $588, $664 and $677, the 50% and 78.6% Fibonacci retracement of the decline from June 6 top of $721 to July 5 low of $454, and the upper boundary of the Fair Value Gap (FVG) respectively.
The momentum indicator, Moving Average Convergence Divergence (MACD) supports a recovery in BNB, it indicates positive underlying momentum in Binance Coin’s price.
BNB could find support at July 16 low of $554, and $517.80, the 23.60% Fibonacci retracement level of the mentioned decline.
At the end this is all technical analysis. For me the future trend of $BNB will be only up and up and up! I'm pretty bullish on it because there is not other Coin out there with so many utilities and benefits for Holders like #BNBToken
Frequently Asked Questions
Is BNB a good investment?
The forecast for BNB price is quite positive. It is expected that BNB price might meet a bull trend in the nearest future. We kindly remind you to always do your own research before investing in any asset.
Can BNB rise?
In five-year plan perspective, the cryptocurrency could probably rise up to $2,425.76. Due to price fluctuations on the market, please always do your research before invest money in any project, network, asset, etc.
How much will BNB be worth 2025?
BNB network is developing rapidly. BNB price forecast for 2025 is rather positive. The BNB average price is expected to reach minimum and maximum prices of $1,088.89 and $1,294.87 respectively.
How much will BNB be worth 2030?
BNB is provided with suitable environment to reach new heights in terms of price. BNB price prediction is quite positive. Business analysts predict that BNB might reach the maximum price of $8,254.17 by 2030. Please take into account that none of the data provided above is neither fundamental analysis nor investment advice. None of the information provided is $6,883.31
Will BNB go up?
According to the presented price predictions and recent price rise, Binance coin cryptocurrency can definitely go up a lot more in the future.
Is BNB worth buying?
Definitely. Not only as an internal currency of Binance exchange but as an investment option too, since the price of the coin is rising.
Where do I buy Binance Coin?
The most obvious answer is the Binance exchange. And of course all others TOP CEXs and DEXs!
#technical_analysis

BNB/USDT Technical and Fundamental Analysis:
As of today, BNB is trading at around 561.7 USDT, reflecting a strong 1.52% increase over the last 24 hours. But what lies ahead for Binance Coin (BNB)? Here’s a breakdown of what the technical and fundamental analysis suggests for the upcoming days!
Fundamental Analysis 📊
BNB, the native token of Binance, has solid fundamentals behind it. Binance's continuous growth as the world's leading cryptocurrency exchange, alongside the ecosystem's expansion into DeFi, NFTs, and blockchain technology, gives BNB a strong foundation.
Key points driving BNB:
- Burning Mechanism: Regular quarterly burns reduce the total supply of BNB, increasing scarcity and boosting demand.
- Utility: BNB is used for transaction fees, staking, and project funding, enhancing its long-term value.
- Market Sentiment: BNB is benefiting from the overall bullish crypto sentiment as well as the recent recovery in altcoins.
With Binance maintaining its global dominance and the upcoming blockchain advancements, BNB remains one of the most robust assets in the market.
Technical Analysis 🔍
Using the 1D (Daily) Chart, let’s analyze BNB/USDT to predict price movements in the next few days. The chart patterns indicate several key points:
1. Bullish Flag Formation 📈: BNB has recently formed a bullish flag, a signal of potential upward movement. The price continues to consolidate within this pattern, but if the flag breaks out, a new rally could emerge.

2. RSI in Neutral Zone 🔄: The RSI (Relative Strength Index) is around 50, indicating that BNB is neither overbought nor oversold. This leaves room for further upward movement, especially if buying pressure increases.
3. Moving Averages 📊: BNB has crossed above the 50-day moving average, which typically signals a bullish trend. Additionally, the 200-day MA is acting as a strong support level, giving more confidence in upward momentum.
Support and Resistance Levels 📏
For the next few days, here are the key support (S) and resistance (R) levels to watch:
- Resistance Levels:
- R1: 565 USDT – Immediate resistance near this level. If BNB breaks this point, it could aim for further gains.
- R2: 580 USDT – A critical resistance level. A successful breakout here may lead to strong bullish continuation.
- R3: 600 USDT – Psychological level and a strong barrier that BNB may test if bullish sentiment intensifies.
- Support Levels:
- S1: 550 USDT – A vital support zone. If BNB falls below this, it could enter a consolidation phase.
- S2: 540 USDT – Another important support, which has acted as a safety net for BNB during its previous corrections.
- S3: 525 USDT – If bearish pressure rises, this level may come into play as a critical support.
Prediction for the Coming Days 🕵️‍♂️
Given the current patterns and market conditions, BNB is showing potential to break its immediate resistance at 565 USDT, which could open the way toward testing 580 USDT in the coming days. If this level is breached, the next psychological target is 600 USDT. On the downside, if BNB retraces, it may find support near 550 USDT and 540 USDT before making another attempt to rally.
Conclusion 💡
With BNB’s solid fundamentals, bullish technical indicators, and strong support levels, the short-term outlook appears optimistic. Keep an eye on those resistance points as BNB could very well test the 600 USDT mark soon! 📈🚀
Sources 📚
- Binance.com
- TradingView (for chart analysis)
- PANews
🌟 Get ready to ride the BNB wave! 🌟
follow for more @Najaf Ali Jafri
$BNB
#BNBAnalysis #Market_Update #CryptoPCEWatch #BNB_Market_Update #technical_analysis