$BNB Market Update: Bulls Gaining Momentum
The market is showing strong upward movement as BNB/USDT climbs to $867.75, marking a +0.77% increase. Current price action suggests a concentrated push toward the recent local high of $877.29.
Market Statistics:
* Current Price: $867.75 (Rs 243,178.26)
* 24h High: $869.35
* 24h Low: $856.14
* Trading Volume (USDT): 62.20M
* SuperTrend Indicator: Bullish (Support at 849.45)
Technical Snapshot:
The 4-hour chart reveals a series of higher lows, indicating sustained buying pressure within the Layer 1 and Layer 2 sectors. With the Altcoin Festival labels active, volatility is high and the trend remains firmly to the upside as long as the price stays above the 850 level.
> Key Watchpoint: A break above the 870 resistance level could clear the path for a retest of the 880 psychological barrier.
