Technical Analysis – BNB/USDT (3D)
📊 1. Trend and Current Price
Current price: $660.57
Recent high: $697.73
Lowest point of the last leg: $507.00
Trend: Short to medium term, bullish. The price continues above the main moving averages.
📈 2. Moving Averages
EMA 7 (yellow): $654.49 – immediate dynamic support
EMA 25 (pink): $645.57 – also serving as intermediate support
EMA 99 (purple): $616.69 – long-term support
📌 The price is above the 3 EMAs, confirming buying momentum.
🔄 3. RSI (Relative Strength Index)
RSI(6): 59.75
🔹 Interpretation: Still in positive neutral zone, no overbought conditions.
🔹 There is still room to rise before exhaustion signals.
📊 4. Volume
Moderate volume in the last bars.
There is no clear divergence between volume and price, which supports the movement.
🧠 5. Interpretation and Scenarios
✅ Bullish Scenario:
Breaking the immediate resistance of $665–$670, it may test $697–$700 again.
Breaking the previous high (697), next technical target: $740 – $760.
⚠️ Bearish Scenario:
Stronger support at:
$645 (EMA25)
$616 (EMA99) — buying zone for swing
$580–$600 (confluence with previous low)
If it loses these regions, the next stop would be the support zone around $540–$550.
🧭 Suggested Strategy
Swing traders: It may be worth an entry with a stop below EMA25 ($640) and partial target $697, final at $740.
Holder/spot: Maintain position. It is in a healthy pullback structure within a bullish trend.
📌 Conclusion
BNB is technically strong. Well-defined support at the averages, healthy RSI, and a real possibility of testing previous highs. Breaking $700 could be explosive.
