BNB: Resistance Breakout
Trade setup: Bullish break above $400 resistance signals continuation of Uptrend with +10% upside potential near-term to $500. Stop Loss (SL) at $424.
Trend: Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance: Nearest Support Zone is $400 (previous resistance), then $350. The nearest Resistance Zone is $450, which it broke, then $500.
Trend: Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance: Nearest Support Zone is $400 (previous resistance), then $350. The nearest Resistance Zone is $450, which it broke, then $500.
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