BNB/USDT Update 🔍 | Bounce from Key Support
BNB has reacted strongly from the $570 support zone and is now trading around $663. This move looks like a short-term relief bounce after a strong downtrend.
Technical highlights:
🔻 Overall trend still bearish (price below MA25 & MA99)
📊 RSI ~53 → momentum recovering, neutral zone
🔄 MACD showing early signs of bullish recovery
📉 Previous sell-off looks exhausted near support
Key levels to watch:
🟢 Support: $630 – $600
🔴 Resistance: $700 – $720
Major resistance: $780+
Outlook:
Short-term bounce is valid ✅
Trend reversal not confirmed yet ⚠️
Best strategy: wait for confirmation near resistance
⚠️ No FOMO. Trade with risk management.
BNB #BNBUSDT #CryptoAnalysis #BinanceSquare #PriceAction #MarketCorrection
BNB
604.68
-0.86%