$BTC
📊Analysis of the BNB charts: key levels to keep in mind📉📈✨📚✏️
The outlook for BNB on the charts is one of recovery after the lows of February 2. This rebound shows the current control of the bulls below the 600 USD level. At historical levels, the price is trading in the midst of a correction after the rise to its historical highs of 793.35 USD marked on December 4.
📚 Now, the resistance levels to keep in mind are as follows:
✏️▫️648 USD: an immediate resistance and the daily high from where the price has struggled to rise.
✏️▫️680 USD: which would not only recover the levels prior to the drop but would also be a clear indicator of recovery for BNB.
✏️▫️700 USD: an important psychological level and a signal that would point to the return of the bullish trend.
📚 The supports to keep in mind are as follows:
✏️▫️628 USD: an immediate resistance that meets with the EMA 100 line.
✏️▫️610 USD: however, the price would not find really solid support until this level.
✏️▫️596 USD: or the level of the EMA 200 would be the strongest support and from where we could see rebounds.
The RSI at 62 points shows the strength of the rebound; however, it indicates that the bears are strong above the current level.