$BNB /USDT TRADE SETUP – CONSOLIDATION NEAR SUPPORT LEVEL

Price: $598.36

Range Support: $595.00

Immediate Resistance: $601.30

Breakout Zone: $605.00+

Chart Overview:

$BNB is currently trading within a tight consolidation zone between $595.00 and $601.30. Price has bounced off the $595.12 support multiple times, showing signs of resilience, but faces consistent rejection below $601.

This tight range could act as a buildup for the next move. A strong breakout above $605.00 may open the door to bullish momentum. Conversely, a clean break below $595.00 could trigger short-term selling toward $590 or lower.

Trade Idea:

• Long above $601.30 for a potential breakout toward $607–$610

• Short below $595.00 targeting $590 then $585

• Stop-loss: Tight trailing SL depending on breakout/breakdown confirmation

Watch for volume confirmation before entering either side.