BNB Signal Update (1D timeframe)
Trend: Still bearish overall, but short-term relief bounce forming.
Price is holding above the recent support zone near 575–590.
RSI recovering from oversold → momentum trying to turn.
MACD histogram flipping green → early bullish pressure.
Bearish case
If price rejects from 640–660 resistance, downtrend continues.
Break below 575 opens path toward 520 zone.
Bullish case
Daily close above 660 confirms reversal attempt.
Next targets: 700 → 740 levels.
Verdict:
Short term: bullish bounce
Mid trend: still bearish until 660 breaks
Trade smart. Don’t chase green candles. Source chart:
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