$BNB
🔴 Overall trend: Strongly bullish in the short term, with the price currently entering a correction and consolidation phase after reaching a high of 723.42 USDT.
🟢 Support levels:
First support: 704.10–706.77.
Second support: 691.66.
Strongest support: 680.74.
🔴 Resistance levels:
First resistance: 717.75.
Key resistance: 723.42.
📊 Technical indicators: The price is above MA25 and MA99, and the SAR indicator is below the candlesticks, supporting the continuation of the uptrend.
🎯 Expected scenario:
A breakout above 723.42 and holding above it could open the way for a new upward wave.
A bounce from 704–706 would support the continuation of the positive trend.
A break below 704 could push the price toward 691.66.
🔴 Overall trend: Strongly bullish in the short term, with the price currently entering a correction and consolidation phase after reaching a high of 723.42 USDT.
🟢 Support levels:
First support: 704.10–706.77.
Second support: 691.66.
Strongest support: 680.74.
🔴 Resistance levels:
First resistance: 717.75.
Key resistance: 723.42.
📊 Technical indicators: The price is above MA25 and MA99, and the SAR indicator is below the candlesticks, supporting the continuation of the uptrend.
🎯 Expected scenario:
A breakout above 723.42 and holding above it could open the way for a new upward wave.
A bounce from 704–706 would support the continuation of the positive trend.
A break below 704 could push the price toward 691.66.