$BNB is currently trading above all three moving averages shown on the chart. Price is holding above the 7-day MA, while the 25-day MA is also below current price.
đč Support: $764â$770
đč Stronger support: $754
đč Resistance: $783
đč Major resistance: $807â$820
A move above $783 with stronger volume could put the recent $807.49 high back in focus. On the other hand, losing the $764â$770 area could lead to a deeper pullback.
Don't chase a breakout candle. Wait for confirmation, watch volume, and manage your risk.
$BNB : breakout attempt or another consolidation phase? đ
#BNB #BNBUSDT #BinanceCoin #crypto #BinanceSquare #CryptoTrading #TechnicalAnalysiss #Altcoins
đč Support: $764â$770
đč Stronger support: $754
đč Resistance: $783
đč Major resistance: $807â$820
A move above $783 with stronger volume could put the recent $807.49 high back in focus. On the other hand, losing the $764â$770 area could lead to a deeper pullback.
Don't chase a breakout candle. Wait for confirmation, watch volume, and manage your risk.
$BNB : breakout attempt or another consolidation phase? đ
#BNB #BNBUSDT #BinanceCoin #crypto #BinanceSquare #CryptoTrading #TechnicalAnalysiss #Altcoins
