$BNB at a Crossroads: Pullback or Launchpad?
$BNB just dipped -3.83% to $662.80, teetering under key resistance levels. This could either be a healthy breather before a breakout or the early signs of a deeper correction.
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Market Snapshot:
Price: $662.80
24h Range: $652.19 – $691.35
RSI (6): 45.51 → Neutral – No clear momentum tilt
Moving Averages:
MA(7): $660.67 – Just below current price (short-term support)
MA(25): $672.93 – Resistance to watch
MA(99): $666.36 – Medium-term resistance
Volume: 345,177.4 BNB / 231.77M USDT – Solid activity
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Key Scenarios:
Bullish Outlook – If BNB Holds $660:
Entry: Above $668 (confirmation of strength)
Targets: $681 → $691 → $704
Stop-Loss: $652
Why? Holding above short-term MA and reclaiming resistance near MA(25) would signal momentum returning.
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Bearish Outlook – If BNB Breaks Below $652:
Entry: Below $652 (breakdown)
Targets: $643 → $633 → $621
Stop-Loss: $675