BNBUSDT TECHNICAL ANALYSIS SHORT TERM VIEW
BNBUSDT running in negative trend and its immediate strong resistance area are 729 to 754 level . Stop loss is 760 level and it can fall towards 623 level in short term because of ABC pattern . Intraday purpose selling is better for targets 712, 708 and 705 levels respectively with stop loss 760 level. 5 min chart showing double zigzag pattern which indicating also with stop loss 760 level it can fall below 690 level with immediate short term strong resistance 736 to 745 level .
QUICK FUNDAMENTAL LOOK
Binance's asset BNB has risen more than 20%, surpassing Solana to take fifth place among cryptocurrencies in terms of market value. The price of BNB hit a record high of $776, solidifying its position as the market leader.
POC = Risk is a part of trading, use caution when placing orders and take market advice only into account .