$BNB is currently trading at $525.2, showing a 3.94% increase. The price is nearing the resistance level of $534.0, with support seen at $513.3. The Moving Averages are aligning bullishly, with the MA(7) at $513.3 and MA(25) at $499.1.
If the price breaks above the $534.0 resistance, it could target $550.0, with a potential stop loss set at $513.3. Conversely, if the price falls below $513.3, a short trade might target $500.0, with a stop loss at $534.0.
The 24-hour volume is healthy, indicating strong interest in the market. Keep an eye on the MACD for confirmation of a trend continuation or reversal.
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