Weekly Update – BNB/USDT (1W)
Current Price: $644.92
Market Bias: Neutral with a bullish tilt
Focus: Spot opportunity around support or confirmed bottom
Technical Summary:
MA(7): 616.31 | MA(25): 640.01 | MA(99): 481.04
Price has reclaimed MA(25) and holds above MA(7), signaling a possible recovery.
RSI(6): 59.96 — healthy zone.
Strong rejection from the $530 area may have confirmed a weekly bottom.
Volume is steady, but not yet impulsive.
Scenarios to Watch:
BNB may have formed a local bottom, and the trend is shifting. A breakout above $660–$680 with strong volume could confirm a new bullish phase.
Key Buy Zones:
Spot Buy Range: $590–$615 (with stop below $570)
Golden Line Support (MA99): $481 — long-term accumulation area if deeper correction happens.
Conclusion:
BNB is showing signs of recovery after a weekly bottom. It's not fully bullish yet, but momentum is improving. Patience is key — breakout above $680 could trigger a new leg up. The Golden Line at $481 remains a major support.
Disclaimer (EN):
This content is for educational purposes only and does not constitute financial advice. Always do your own research and apply proper risk management.