🔥 Technical analysis of BNB — Strong rebound after a sudden drop!
The price action of BNB over the last few hours shows a sharp downward wave that reached the area 801.70$ before the coin returned to show notable buying strength, pushing it back up towards $825.82, in a clear attempt to regain bullish control and attract liquidity again.
📊 Current technical indication: Buying strength is forming!
🚀 BNB's rise from 801.70$ to 825.82$ indicates the start of a bullish rebound.
🚀 The consecutive green candles indicate that buyers have returned strongly to defend the support area.
🚀 Trading above the levels 822$ enhances the chances of retesting the resistance at $827.63.
🔮 Near-term price expectations for BNB:
If the current momentum continues, it is expected:
🎯 Potential upward targets:
✔ $827.60 (First resistance — direct test).
✔ $835 (Resistance breakout and new surge).
✔ $848 (Extended bullish target).
📊 Strong support levels:
✅ $820 — Important temporary support.
✅ $811 — Stronger support in case of volatility.
✅ $801.70 — The current bottom from which the buying wave started.
🌟 Conclusion:
BNB is currently in a positive accumulation zone that may pave the way for a new upward surge in the coming hours!
⚠ Disclaimer:
Cryptocurrencies generally carry high price volatility, and appearing on exchange lists is not a guarantee of returns. The information above is not investment advice; do your own research.
🔰 Follow the person who said it.
