$BNB #MarketRebound

BNB
BNB
840.8
-3.39%

📊 General Overview

Current Price: $1,142.35

24h Change: +0.81%

24h High / Low: $1,182.60 / $1,123.05

Trend: Slight bullish recovery after recent dip

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📈 Indicators

EMA(7): $1,123.20 → Short-term momentum turning bullish (price above EMA7).

EMA(25): $1,118.23 → Medium-term still close to EMA7; suggests early recovery phase.

EMA(99): $972.23 → Long-term support far below current price; trend still structurally strong.

RSI(6): 57.11 → Momentum is neutral to slightly bullish (no overbought or oversold condition).

Volume: Decreasing slightly after recent increase — suggests buyers gaining confidence, but not yet strong breakout volume.

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🔍 Key Support and Resistance Levels

Support Zones:

1. $1,120–$1,125:

Near EMA(7) and EMA(25).

Strong short-term support where buyers previously stepped in.

2. $1,060–$1,080:

Last local consolidation area before recent upward move.

3. $972–$980:

Long-term dynamic support (EMA99).

If price falls below this, trend could turn bearish.

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Resistance Zones:

1. $1,175–$1,182:

Current 24h high; short-term resistance zone.

Needs breakout for bullish continuation.

2. $1,287:

Previous swing high and strong resistance.

3. $1,375:

Major resistance (previous top before recent correction).

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🧭 Summary

Short-term trend: Mildly bullish, price holding above EMA(7) & EMA(25).

Momentum: Improving (RSI mid-range and rising).

Next bullish target: Break and close above $1,182 → could test $1,287 next.

Critical support to hold: $1,120 → if broken, next support $1,060, then $972.

Disclaimer : it's not a financial advice always do your own research .