🚀 $BNB /USDT at Critical Support – Rebound or More Downside?
🔹 Current Price: $572.33 (-7.69%)
🔹 24h Range: $571.43 – $626.19
🔹 Momentum: Bearish, but a potential reversal zone is near!
📊 Key Technical Insights:
📉 Parabolic SAR: 584.70 (Still in a downtrend)
📊 RSI: Below 40 (Approaching oversold conditions)
📉 MACD: Bearish crossover, but a recovery could be brewing!
📈 EMA Levels:
🔹 50 EMA: $600 (Major Resistance)
🔹 200 EMA: $580 (Acting as resistance)
🔥 Trade Signal – Smart Entry Zones!
💰 Buy Zone: $565 – $570 (If price stabilizes)
🔴 Stop-Loss: $555 (To manage risk)
🎯 Target Levels:
✅ TP1: $585 (First bounce target)
✅ TP2: $600 (Major resistance breakout)
✅ TP3: $620 (Bullish momentum continuation)
⚠️ Bearish Scenario:
🚨 If BNB drops below $565, expect further dips towards $550 – $540.
🚀 Bullish Breakout Confirmation:
💥 If BNB reclaims $580+, it could ignite a rally toward $600 – $620.
#BTCBelow90K #USCryptoReserve #MarketInTheGreen #GDPSteadyPCE2.1Down #MemesNotSecurity