$BNB
/USDT trading pair on Binance with a 30-minute timeframe. The current price is $1,221.20, reflecting a 4.69% decline over the period. The 24-hour high was $1,318.26, while the 24-hour low touched $1,143.01, indicating high market volatility. The chart shows a recent reversal from the low point of $1,143.01, followed by a strong bullish momentum as indicated by multiple green candles and a rise above the MA(7) at $1,190.51 and MA(25) at $1,199.31. The MA(99) at $1,272.16 remains a resistance level ahead. Trading volume has also spiked significantly, suggesting renewed buying interest. Overall, the price action hints at a potential short-term recovery phase after a notable downtrend, though caution is advised as resistance levels remain close.
