Live Technical Analysis for BNB/USDT Pair ($BNB )
Current Price: 640.57 USDT
24-Hour High: 653.20 USDT
24-Hour Low: 635.05 USDT
Technical Indicators:
Bollinger Bands:
Upper Band: 681.92
Average: 626.10
Lower Band: 570.29
RSI (6): 47.28 (Neutral Zone – neither overbought nor oversold)
MACD:
DIF: 14.30
DEA: 13.06
Positive Histogram but declining
Trading Volume: Started to decrease after a sharp upward wave, indicating a natural correction.
Precise Trading Strategy
Type of Strategy: Entry on correction after a strong breakout (Pullback Entry)
Ideal Entry Point:
626.00 USDT
> Based on the Bollinger Bands moving average + strong technical support + previous price bounce
Stop Loss:
616.00 USDT
> Below the previous low and the critical level
First Target:
663.00 USDT
> Represents the resistance close to the last peak
Second Target (Extension):
680.00 USDT
> In case of breaking 663 with clear momentum
Risk-to-Reward Ratio (R:R):
Risk = $10
Target = $37
R:R = 1:3.7
Very good within capital management with a risk of only 1–2%
Important Notes:
RSI close to 50 = Neutral signal awaiting confirmation
Decline in momentum after a rapid rise = Good entry on cooling down
The current candle shows a decline, providing an ideal entry opportunity after a slight drop