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🔥 BNB shows bullish strength: Ready to welcome new peaks?
Against the backdrop of the overall market recovery, as Bitcoin breaks through $88K again and Ethereum returns to $2 800, BNB has caught people's attention. This coin is not just following the overall trend — it shows signs of forming its own strong bull market momentum.
📊 BNB/USDT Chart Analysis:
· Key level has been broken: BNB has steadily rebounded to the $837 support zone and is firmly above $850 . This is a psychologically important threshold, and breaking through it will pave the way for testing higher price targets.
· View on indicators:
· Bollinger Bands (BOLL): The price is fluctuating in the middle part of the band, indicating a healthy correction after the recent rise. The upper band (UB) is at the level of $1 024.8 – if the bullish trend intensifies, this could become the next key target.
· MACD: Although the MACD histogram is still in the negative range, this usually indicates that the strongest bearish phase has passed, and the market is building strength for a reversal.
· RSI: The Relative Strength Index is not in the oversold zone, indicating potential for further growth without overheating.
🚀 What does this mean?
The current dynamics of BNB resemble more of a consolidation and accumulation, preparing for continued movement. Successfully maintaining above $840 and the continuously increasing trading volume (24h Vol: 11.57K BNB) supports this scenario.
Judgment: BNB has not only recovered with the market but has also laid the foundation for a potential bull market breakthrough of $900 and higher levels. The next few days will be crucial for confirming this trend.
What do you think? Will BNB reach a new ATH in this wave?
#BNB
BNB0.34%
BTC-0.27%
ETH2.75%
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