📊 Technical Analysis – Daily Chart (1D)
🔹 Current Price: $656.40
🔹 24h High: $657.12
🔹 Recent Bottom: $601.25
🔹 Trend Indicators:
✅ EMA 7 (yellow): 649.00
✅ EMA 25 (pink): 647.94
✅ EMA 99 (purple): 639.00
📈 RSI(6): 67.42 → nearing overbought zone
📈 Current Trend:
BNB is showing a short-term uptrend, confirmed by:
Price trading above all 3 EMAs (7, 25, 99)
EMA7 crossing above EMA25, signaling bullish momentum
A strong reversal candle from $601.25 breaking through recent resistance
RSI climbing but still below 70, meaning there’s room to run before overbought conditions hit
🟢 About the $601.25 bottom:
That candle marks a major reversal point, with high volume in the zone. For spot investors looking at long-term positions, $600–$620 was an excellent entry range.
If the market pulls back again, $600–$620 should act as a strong support zone.
🧠 Spot Strategy (Long-Term View):
✅ If you bought between $600–$620, you’re sitting comfortably now
✅ The long-term trend remains bullish as long as BNB stays above $580
📌 Key resistance levels to watch:
• $662
• $674 (previous high)
• $678+ (possible breakout continuation)
💡 Summary for Spot Holders:
📈 Trend: Bullish in short and medium term
📉 Major support: $601
🛒 Ideal spot buy zone: below $620 (already in profit)
🔒 Safe holding: above $580
🚀 Upside potential: breakout above $674 could lead to $700+
