$BNB /USDT

BNB/USDT Market Snapshot

Current Price: $646.74 (+0.45% on the day)

24h High / Low: $648.00 / $639.16

24h Volume:

BNB: 89,007.99

USDT: $57.36M

Category: Layer 1 / Layer 2

Exchange: Binance

🔧 Key Price Levels

📈 Resistance Zones

$648.00 – $652.64: Current resistance range (24h high + order depth)

$655.21: Upper resistance — likely strong sell wall

$660+: Next breakout zone, if momentum sustains

📉 Support Zones

$639.16 – $643.90: Nearest support zone (24h low + mid-range defense)

$632.60 – $621.29: Strong historical support

$609.99 – $598.68: Major support — possible deeper retracement bounce zone

📊 Trade Setups

🟢 Long Setup (Pullback Buy)

Entry Zone: $640 – $643

Stop Loss: $632

Take Profit 1: $652

Take Profit 2: $655+

Risk/Reward: ~1:2

Confirm entry with a bullish bounce, 15m–1h EMA confluence, or RSI oversold under 40.

🔴 Short Setup (Fade the Resistance)

Entry Zone: $652.50 – $655

Stop Loss: $660

Take Profit 1: $645

Take Profit 2: $638

Risk/Reward: ~1:2

Look for bearish wicks, volume divergence, or failed breakout candle on the 1h chart.

⚙️ Strategy Insights

Trend: Short-term uptrend, but near potential resistance rejection

Liquidity: High enough to support tight-stop scalping and short-term momentum plays

Volatility Zone: Ideal trading range = $632 – $655

Watch BTC: BNB often reacts to BTC's volatility, especially near key levels.

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