Technical analysis by MMBTtrader about Symbol BNB: Buy recommendation (17 hour ago)

Technical analysis of BNB reveals that the $800 support level has demonstrated significant resilience, establishing a solid foundation for the current upward momentum. The price action suggests a methodical approach to higher price targets, with the $1,000 level serving as the primary initial objective. For sustained bullish progression, a decisive breakout above $1,000 followed by a successful retest of this level as support would be required to validate further upward movement. Upon confirmation of this technical development, the subsequent target of $1,500 would become a plausible projection, potentially establishing a new all-time high for the asset. This sequential, milestone-based approach allows for proper risk management and technical validation at each critical juncture. DISCLAIMER: ((trade based on your own decision)) <