$BNB

/USDT Technical Analysis

(2025-04-28)

Current Price: $606.09

Analysis:

BNB is showing moderate bullish momentum, holding above key moving averages (MA(7): $604.59, MA(25): $602.50). The recent bounce from the $597–$600 support zone suggests buyers are defending this level. Volume remains steady, although not aggressive yet.

Entry Zone:

Entry: $605 – $607 (current levels)

Targets:

Target 1: $615 (first resistance zone)

Target 2: $625 (stronger resistance based on historical supply zone)

Stop-Loss:

Stop-Loss: $595 (below recent 24h low and critical support)

Summary:

BNB is attempting to build bullish structure. As long as price holds above $595 support, upside targets remain achievable. Watch for breakout confirmation with increased volume above $610.

Risk/Reward: Favorable (approx 1:2 R/R)

Indicators Summary:

MA Cross: Bullish (short-term MAs above long-term MAs)

MACD: Slightly bullish

Volume: Stable

Support: $595

Resistance: $615 / $625