$BNB /USDT – Testing Support After Strong Rally!

Current Price: $651.51 (▼ -1.14%)

Category: Layer 1 / High-Cap Volatility

📊 Trading Data

24h High: $661.42

24h Low: $647.58

24h Volume:

BNB: 114,823.32

USDT: $75.16M

🕒 Last Update: 2025-06-01 16:45 UTC

⚡ Momentum Analysis

BNB is cooling off after pushing into the $660+ zone. Price is hovering near the 24h low, with consolidation likely before the next major move. Volume remains strong, suggesting potential for either a rebound or deeper retest.

📈 Long Setup

Entry Zone: $646 – $651

Targets:

T1: $665

T2: $678

T3: $690

Stop Loss: $639 (beneath recent support and psychological threshold)

✅ Breakout Confirmation Level

Confirmation: Clean break and close above $662.50 with 24h volume > $85M

Key Support: $646.88 – $639.00

💡 Pro Tip for Traders:

BNB often leads market sentiment—watch BTC and ETH closely for macro clues. If BTC rebounds above $71K, BNB may quickly reclaim $660+. Favor entries near support rather than chasing upward moves.

📌 #BNB #BNBUSDT #Layer1 #CryptoTrading #Altcoins