BINANCE COIN $BNB BREAKING OUT TO NEW LOCAL HIGHS BULLS TARGETING $790.40 NEXT?
Pair: $BNB /USDT
Direction: LONG
Entry Price: 778.80
Target Levels (Take Profit)
TP 1: 785.80 +0.90%
TP 2: 790.40 +1.49%
Stop Loss
SL: 769.50
Technical Breakdown
Price Action & Structure: BNB ($778.7) is maintaining a dominant bullish trend structure, forming a series of higher highs and higher lows. The minor pullback into $778.80 serves as a healthy higher-low retest above the middle Bollinger Band boundary.
Moving Averages & Confluence: Short-term MA 7 and MA 25 are angled sharply upward above the baseline MA 99 (~766.00). The price is holding firmly above MA 7 dynamic support, keeping immediate buy-side pressure intact.
Indicators: RSI (14) has reset to ~60.00 following an earlier peak into overbought territory, creating ample room for the next bullish extension. The MACD histogram continues to print steady green volume bars with the MACD line hovering well above the zero axis.
$BNB
Pair: $BNB /USDT
Direction: LONG
Entry Price: 778.80
Target Levels (Take Profit)
TP 1: 785.80 +0.90%
TP 2: 790.40 +1.49%
Stop Loss
SL: 769.50
Technical Breakdown
Price Action & Structure: BNB ($778.7) is maintaining a dominant bullish trend structure, forming a series of higher highs and higher lows. The minor pullback into $778.80 serves as a healthy higher-low retest above the middle Bollinger Band boundary.
Moving Averages & Confluence: Short-term MA 7 and MA 25 are angled sharply upward above the baseline MA 99 (~766.00). The price is holding firmly above MA 7 dynamic support, keeping immediate buy-side pressure intact.
Indicators: RSI (14) has reset to ~60.00 following an earlier peak into overbought territory, creating ample room for the next bullish extension. The MACD histogram continues to print steady green volume bars with the MACD line hovering well above the zero axis.
$BNB
