$BNB /USDT TECHNICAL ANALYSIS – SHORT-TERM BULLISH MOMENTUM BUILDING
$BNB Current Price: $656.29
24h High: $656.64
24h Low: $642.77
Volume (24h): 94,076.70 BNB / $61.13M
Timeframe: 1H Chart (Binance)
KEY LEVELS:
Support Zones: $648.00 / $642.00
Resistance Zones: $660.00 / $664.00 (Next key breakout level)
Current Price Action: Consolidating just below minor resistance at $660 after bouncing from $642 zone.
MARKET OUTLOOK:
BNB/USDT is currently showing short-term bullish structure after defending the $642.00 support with strong buying volume. Price is forming higher lows and attempting to break above the $660 resistance. If it closes above this level on 1H, we can expect further bullish momentum toward higher resistance.
TRADE SETUP:
Position Type: LONG
Entry Zone: $656 – $658
Target 1 (TP1): $664
Target 2 (TP2): $670
NextSL (Stop Loss): $648
A break below $648 will invalidate the short-term bullish setup, so use SL strictly.
RISK MANAGEMENT:
Use 1–2% of your total capital. Avoid over-leveraging. Wait for candle confirmation
