🚀 Wow, $BNB Breaks Out of Consolidation Area! Ready to Reach the 1.618 Fibonacci Target?
BNB has finally broken through the 1.350 level—an area that had previously acted as strong resistance for the past few days.
Currently, the price is around 1.357 USDT, up +4.26% and showing quite solid bullish momentum. 💪
The Fibonacci structure shows the potential for further upside towards the 1.618 area, or around 1.653 USDT, if the candlestick can hold above the 1.350 level.
However, if a retest occurs, the 1.245-1.162 area could become important support before continuing the next upward movement.
📊 Key Levels:
Support: 1,245 / 1,162 / 1,047
Resistance: 1,350 / 1,653
Trend: Bullish short-term momentum
As long as the price can hold above 1,300, the potential for a rally remains wide open. But don't forget to take profits gradually and manage your risk, as volatility in this area remains quite high. ⚡
