Based on current market trends, here's a signal for spot trading:
$BNB Binance coin (BNB) Analysis*
BNB is currently trading at $878.74 with a -1.64% change. The coin has shown resilience and is holding a key support zone at $870-$873, which could potentially lead to a breakout.¹
*Technical Indicators:*
- RSI: Neutral momentum with a value around 50
- MACD: Slowed bullish strength
*Support and Resistance Levels:*
- Support: $880-$835
- Resistance: $960-$1,020
Given the current market conditions, BNB might experience a rebound if it holds above $900 and forms a bullish reversal candle. Potential targets include $987, $1,070-$1,100, and $1,250+.²
*Other Potential Gainers:*
- *Mog Coin (MOG)*: Showing strong upward momentum with a breakout above the $0.0000007402 resistance zone
- *Gorilla (GORILLA)*: Exhibiting a clear short-term uptrend with higher highs and higher lows
- *Lorenzo Protocol (BANK)*: Demonstrating bullish conviction with a V-shaped recovery from the $0.0031 support³
To make informed trading decisions, consider monitoring these coins and adjusting your strategy according to market fluctuations
