$BNB
1. Key Price Levels
Current Price: $627.64
24H High: $642.50
24H Low: $615.30
Recent Swing High: $644.88
Recent Swing Low: $593.06
Support Levels: $608.04, $595.44, $583.09
Resistance Levels: $634.05, $644.88, $647.48
2. Moving Averages (EMA)
EMA(9): $628.70 (Short-term)
EMA(20): $628.95 (Short-term)
EMA(50): $625.38 (Mid-term)
EMA(100): $617.93 (Mid-term)
EMA(200): $616.92 (Long-term)
Analysis:
The price is near EMA(9) and EMA(20), indicating a potential short-term consolidation.
EMA(50) is acting as support, confirming buyers around $625.
EMA(100) and EMA(200) are below the price, suggesting a bullish trend.
3. Market Structure (SMC)
Smart Money Concept (SMC) Analysis
Order Block (OB) Demand Zone: Around $608 - $615
Order Block (OB) Supply Zone: Around $640 - $645
Liquidity Sweep: The recent wick up to $644.88 may indicate a liquidity grab before price retraces.
Break of Structure (BOS): If price breaks above $644.88, it could trigger a bullish continuation.
4. Indicators Analysis
MACD
DIF: 0.11
DEA: 0.41
MACD Histogram: -0.30
Analysis: Bearish momentum is slowing down, possible reversal ahead.
RSI(6)
47.54 (Neutral)
Analysis: RSI is in the middle range, meaning price is neither overbought nor oversold.
5. Trade Plan & Recommendations
Bullish Case (Long Entry)
Buy Zone: $620 - $625 (Near EMA 50)
Target 1: $634
Target 2: $644
Stop Loss: Below $615
Bearish Case (Short Entry)
Sell Zone: $635 - $640
Target 1: $620
Target 2: $608
Stop Loss: Above $645
Final Thoughts
Trend Bias: Bullish but in a correction phase.
Key Level to Watch: $620 (support) and $644 (resistance).
Liquidity Hunt Possibility: If price breaks $644, it might trap breakout traders and drop.