$BNB

BNB/USDT Monthly Technical Analysis

Current Price:

$730.84

24H Stats:

High: $742.50

Low: $718.76

Change: -0.42%

📊 Chart Overview (1M Candle Chart)

Trend:

Strong bullish momentum is visible since mid-2023.

Price surged from around $183.40 (lowest shown) to a peak of $793.86.

The current candle is green and continues upward momentum.

Key Levels:

Resistance: Around $793.86 (recent high)

Support: Around $690.08, followed by $555.78

📈 Volume and Indicators:

Volume is gradually decreasing, suggesting a slowdown in buying pressure.

MA(5) and MA(10): Yellow and purple moving averages show price is trading above both, confirming a bullish bias.

📅 Performance:

Today: +0.27%

7 Days: +6.48%

30 Days: +13.80%

90 Days: +24.00%

1 Year: +34.99%

🧠 Summary:

Trend: Bullish (Higher highs and higher lows)

Current Action: Testing near-term resistance; momentum still positive

Watch for:

Breakout above $793.86 for further rally

Pullback to $690 or $555 zones if resistance holds

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