BNB/USDT is showing strong bullish momentum, currently trading around the 855 level after a sharp upside move. The recent price action suggests that buyers are firmly in control, with the market holding above key short-term support zones.
๐ Technical Overview
Current Price: ~855
24H High: 857.99
Trend: Bullish continuation
Moving Averages: Price is trading above MA(7) and MA(25), indicating short-term strength
Volume: Increasing volume confirms buyer interest and momentum
๐ข Key Support Levels
849 โ 845: Strong intraday support
A breakdown below 843 could lead to a short pullback
๐ด Resistance Levels
858 โ 860: Immediate resistance zone
A clean break above this level may open the door for further upside continuation
๐ก Market Sentiment
Overall sentiment remains positive. Pullbacks are being quickly absorbed by buyers, suggesting confidence in the current trend. As long as BNB holds above the 850 zone, the bullish bias remains intact.
โ ๏ธ Risk Reminder:
The crypto market is highly volatile. Always use proper risk management and trade responsibly.
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