Trading Ideas
1️⃣ Bullish Scenario (Long Trade)
Entry: Buy near $661 - $664 if price holds above EMA(21) and EMA(33).
Target: $668 - $675 (EMA 200 resistance).
Stop-Loss: $659 (Below the last swing low).
Confirmation: Look for MACD crossover or RSI above 50.
2️⃣ Bearish Scenario (Short Trade)
Entry: Sell if price fails to break $668 - $670.
Target: $661 - $655.
Stop-Loss: $672 (Above EMA 200).
Confirmation: MACD staying negative, RSI below 45.
3️⃣ Scalping Strategy
Trade between $661 support and $668 resistance on the 5-min timeframe.
Use tight stop-losses of $3-$5 to limit risks.
Exit trades quickly as volatility is high.
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Final Thoughts
BNB is currently bearish but near support.
A break above $668 (EMA 200) could signal a bullish trend, while failure means further downside.
Short-term traders should watch RSI and MACD for confirmation signals.