$BNB (BNB) HOLDING BASELINE SUPPORT FOR A BULLISH CONTINUATION ARE BULLS TARGETING $808.85 NEXT?
Pair: $BNB /USDT
Direction: LONG
Entry Price: 789.55
Target Levels (Take Profit)
TP 1: 796.79 +0.92%
TP 2: 801.61 +1.53%
TP 3: 808.85 +2.44%
Stop Loss
SL: 779.90
Technical Breakdown
BNB ($789.55) established a solid higher-low structure after mounting a strong breakout move from $760.00 up to $810.25. The ongoing consolidation right around the $789.00–$790.00 region demonstrates active buyer defense, setting up the foundation for a secondary upward impulse.
Price action is consolidating directly around the short-term MA 7 and MA 25 dynamic zones (~788.00–792.00). The long-term baseline MA 99 (~775.00) continues to trend upward beneath the risk area, offering macro trend confluence in favor of the bulls.
RSI (14) has reset to a neutral 50.00 level following an overbought test above 80.00, releasing momentum pressure and providing ample runway for the next leg up. The MACD red histogram selling volume is diminishing near the zero line, signaling that downward pressure is exhausting.
$BNB
Pair: $BNB /USDT
Direction: LONG
Entry Price: 789.55
Target Levels (Take Profit)
TP 1: 796.79 +0.92%
TP 2: 801.61 +1.53%
TP 3: 808.85 +2.44%
Stop Loss
SL: 779.90
Technical Breakdown
BNB ($789.55) established a solid higher-low structure after mounting a strong breakout move from $760.00 up to $810.25. The ongoing consolidation right around the $789.00–$790.00 region demonstrates active buyer defense, setting up the foundation for a secondary upward impulse.
Price action is consolidating directly around the short-term MA 7 and MA 25 dynamic zones (~788.00–792.00). The long-term baseline MA 99 (~775.00) continues to trend upward beneath the risk area, offering macro trend confluence in favor of the bulls.
RSI (14) has reset to a neutral 50.00 level following an overbought test above 80.00, releasing momentum pressure and providing ample runway for the next leg up. The MACD red histogram selling volume is diminishing near the zero line, signaling that downward pressure is exhausting.
$BNB
