Technical Analysis BNB/USDT
Key Data:
Current Price: 615.66 USDT (-3.50%)
24h High: 639.31 USDT
24h Low: 586.00 USDT
Trading Volume: 707,045.42 BNB / 430.62 million USDT
Technical Levels:
Support: 600 / 586 USDT
Resistance: 620 / 630 USDT
Order Book and Market Sentiment:
Demand: 47.51% (fewer buyers).
Supply: 52.49% (sellers currently dominate).
Large Sell Orders: 620 / 630 USDT – resistance zones.
Possible Scenarios:
Bullish: If the price breaks 620, a rise to 630–640 USDT is possible.
Bearish: If the price falls below 600, a correction to 586–580 USDT is possible.
Trading Strategies:
Long: Entry 610–615 USDT, target 630–640 USDT, stop-loss 598 USDT.
Short: Entry 620–625 USDT, target 600–590 USDT, stop-loss 630 USDT.
Summary: Recovery after the local bottom of 586 USDT, but selling pressure persists. Watch for a breakout above 620 or a drop below 600 for trend confirmation.