Technical Analysis – BNB/USDT
On the 4H chart, $BNB is currently in a pullback phase after facing rejection near the $666 resistance level. The price is now trading around $620, approaching a key support area.
The first support zone lies between $615–$610, which could provide a short-term bounce. If the price dips further, the $600–$595 range is a strong demand zone where buyers may step in. As long as the price holds above $600, the market structure remains bullish.
If momentum returns, the upside targets are $640, $655, and $670. However, if the price breaks below the support area, a move toward $585 could occur, which is a good level for stop loss.
Key Levels
Entry 1: $615 – $610
Entry 2: $600 – $595
TP1: $640
TP2: $655
TP3: $670
Stop Loss: $585
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