🔍 Chart Analysis Summary:
Current Price: $665.89
24h High / Low: $671.76 / $657.11
Moving Averages:
MA(7): 668.46 (short-term)
MA(25): 666.36 (medium-term)
MA(99): 660.52 (.long-term).
MACD
DIF: 1.01
DEA: 1.26
MACD Histogram: -0.25 (bearish)
Volume.Decreasing slightly on red candles after a spike, indicating possible pullback or profit-taking.
Bullish Scenario (Buy Setup)
Entry Point:
Consider entering above $667 if the price shows a strong bullish candle closing above the MA(7) again.
Wait for MACD histogram to start turning green for confirmation.
Stop Loss:
Place SL below $660 (below MA(99) and recent support).
Take Profit Targets
1. TP1: $673 (recent local high)
2. TP2: $678–680 (next resistance zone
❌ Bearish Scenario (Sell Setup)
Entry Point:
If price breaks below $660, short entry could be considered with confirmation from MACD continuing bearish.
Stop Loss:
Above $667 (just above MA(25) resistance)
Take Profit Targetsne)
🔧 Trade Tips:
Use tight stop-losses due to high volatility.
Watch for MACD crossover and volume confirmation before entry.
If price consolidates between $660–667, avoid trading until breakout direction is clear.
📈 Visual: Trade Setup
I’ll now generate a clear visual with the bullish and bearish zones, key levels, and indicators highlighted.
#wrte2eran $BNB