🔥 BNB shows bullish strength: preparing for new heights?
Against the backdrop of the overall market recovery, when BTC has once again conquered $88K, and ETH has returned to $2 800, attention is drawn to BNB. The coin is not just following the general trend — it is showing signs of forming its own powerful bullish momentum.
📊 BNB/USDT Chart Analysis:
· Key level passed: BNB has confidently bounced off the support level in the zone $837 and has settled above $850. This is a psychologically important milestone, and overcoming it paves the way for testing higher price targets. · A look at the indicators: · Bollinger Bands (BOLL): The price is moving in the middle of the bands, showing a healthy correction after a recent rise. The upper band (UB) is at $1 024.8 — this could become the next key target if the bullish trend strengthens. · MACD: Although the MACD histogram remains in negative territory, this often indicates that the strongest bearish phase is behind, and the market is building strength for a reversal. · RSI: The Relative Strength Index is not in the oversold zone, indicating the potential for further growth without overheating.
🚀 What does this mean?
The current BNB dynamics look more like consolidation and accumulation before the continuation of the movement. Successful holding above the level $840 and the increasing trading volume (24h Vol: 11.57K BNB) support this scenario.
Verdict: BNB is not just recovering along with the market, but is laying the groundwork for a potential bullish surge towards $900 and above. The next few days will be crucial for confirming this trend.
What do you think? Is BNB waiting for a new ATH in this wave? #BNB
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🔥 BNB shows bullish strength: preparing for new heights?
Against the backdrop of the overall market recovery, when BTC has once again conquered $88K, and ETH has returned to $2 800, attention is drawn to BNB. The coin is not just following the general trend — it is showing signs of forming its own powerful bullish momentum.
📊 BNB/USDT Chart Analysis:
· Key level passed: BNB has confidently bounced off the support level in the zone $837 and has settled above $850. This is a psychologically important milestone, and overcoming it paves the way for testing higher price targets.
· A look at the indicators:
· Bollinger Bands (BOLL): The price is moving in the middle of the bands, showing a healthy correction after a recent rise. The upper band (UB) is at $1 024.8 — this could become the next key target if the bullish trend strengthens.
· MACD: Although the MACD histogram remains in negative territory, this often indicates that the strongest bearish phase is behind, and the market is building strength for a reversal.
· RSI: The Relative Strength Index is not in the oversold zone, indicating the potential for further growth without overheating.
🚀 What does this mean?
The current BNB dynamics look more like consolidation and accumulation before the continuation of the movement. Successful holding above the level $840 and the increasing trading volume (24h Vol: 11.57K BNB) support this scenario.
Verdict: BNB is not just recovering along with the market, but is laying the groundwork for a potential bullish surge towards $900 and above. The next few days will be crucial for confirming this trend.
What do you think? Is BNB waiting for a new ATH in this wave?
#BNB