🔎 Review of #BNB 4h:
Price $626.25, consolidation is underway in the $600-$620 range. There are key resistance zones of $640-$660$ ahead.
☑️ Bullish scenario
If price takes off $580 and breaks $640, momentum towards $660-$680 is possible.
After consolidation above $680, upside potential to $700$ and above.
☑️ Bearish scenario
If the price pulls back from $575, a decline to $540 is possible.
If the level of 540$ does not hold, further decline to 510$-500$ is possible.
- Long: on breakdown of $640, targets $660-$680.
- Short: on weakness at $550, targets $510, then $500.
- Support: $600, $580, $560.