📊 $BNBXBT /USDT Technical Analysis

Current Price: 615.27

24H High: 618.25

24H Low: 587.14

24H Change: +2.39%

Trend Timeframes: 15m | 1h | 4h | 1D

🔎 Market Structure Overview

BNB is currently trading near the 24H high, showing short-term bullish momentum after bouncing strongly from the 587 support zone.

However:

SUPERTREND (10,3): 635.90

Price is below Supertrend

This means higher timeframe trend is still bearish

635–640 zone is major resistance

So right now: 👉 Short-term bullish

👉 Mid-term still in downtrend structure

📈 Key Levels to Watch

🔹 Immediate Resistance:

618–620 (intraday breakout level)

635–640 (Supertrend + strong resistance zone)

660–665 (next major breakout area)

🔹 Key Support:

600–605 psychological support

587 strong support (recent 24H low)

560–570 major demand zone

📊 Momentum Insight

Volume is decent (215K BNB 24h)

MA(5) < MA(10) on volume suggests recent volatility

Price recovering but not yet confirmed trend reversal

If BNB breaks and closes above 620 with volume, we could see: ➡ Move toward 635

➡ If 635 breaks → 660 possible

If rejected from 618: ➡ Pullback toward 600

➡ Break below 587 = bearish continuation

🧠 Trading Scenarios

🟢 Bullish Setup:

Entry above 620

Target: 635 → 660

Stop: Below 605

🔴 Bearish Setup:

Rejection near 620

Target: 600 → 587

Stop: Above 635

📌 Overall Bias

BNB is attempting recovery but trend reversal not confirmed yet.

Major decision level = 620 & 635.

If you want, I can also break down:

4H structure in detail

RSI / MACD outlook

Scalping plan (15m setup)

Swing trade plan

Let me know your trading style 👌