📊 Technical Analysis BNB/USDT – Market Update
💹 Current Price: ~$619
🔻 The price has reached an important support level at $570 and has rebounded from it actively.
📈 Nearby resistance is at the 25 moving average.
📘 Educational:
🔹 The moving average (MA) helps us determine the overall trend — if the price is above it => Uptrend, below => Downtrend.
🔹 Increased trading volume during an uptrend means buyers are stronger.
✨ Summary:
The price shows a good rebound from strong support, but we need to wait for a break of resistance before confirming a larger uptrend.
⚠️ Note:
The analysis is for informational and educational purposes only, and not investment advice.
