$BNB Long Trade Signal – Eyeing $650+ Breakout
📈 Momentum Description:
BNB is currently trading at $646.16 (+0.44%), showing strong bullish momentum with a sharp breakout candle that lifted it above all key EMAs. The price just tapped $646.17, hovering near resistance.
📊 Key EMAs:
EMA(7): 646.04
EMA(25): 645.70
EMA(99): 645.54
📍Support Levels:
$645.50 (EMA zone)
$644.80 (previous consolidation area)
📍Resistance Levels:
$646.50 – minor resistance
$648.00 – short-term breakout zone
$652.64 – 24h high
🎯 Trade Setup:
Entry: $645.90 – $646.20 (current zone)
Stop Loss: Below $644.80
Take Profit: $648.50 – $651.00
📉 Invalidation:
Breakdown below $644.80 would invalidate this short-term bullish setup.
🔍 Market Outlook:
The alignment of EMAs and the breakout above resistance suggest strong upward momentum. As long as BNB holds above $645.50, the trend favors a bullish continuation, potentially retesting the 24h high at $652.64.$BNB