Technical Analysis (15m Chart) 🔍
💰 Price Overview:
Current Price: $591.65
24h High: $606.06
24h Low: $569.00
24h Change: +3.81%
📊 Key Observations:
1. Rejection at $606.06 & Pullback:
BNB hit $606.06 but faced strong resistance.
Price dropped to $587.62, forming a local support zone.
#GPSonBinance #USCryptoReserve
2. Support & Resistance Levels:
Immediate Support: $587.00 - $588.00 (recent low)
Major Support: $580.00 - $582.00 (historical demand zone)
Resistance Levels:
First Resistance: $594.80 - $598.00 (key breakout zone)
Major Resistance: $605.00 - $606.00 (previous high)
3. Trend & Momentum:
Downtrend Reversal Attempt: Price formed a higher low at $587.62, suggesting potential bullish momentum.
Needs Breakout Above $598: For confirmation of a reversal, #bnb must reclaim this zone.
🚀 Possible Scenarios:
Bullish Case:
If #bnb holds above $587, a push to $598 - $605 is possible.
Breaking $605 could send it towards $610 - $615.
Bearish Case:
If #BNB走势 fails at $598, it may drop to $582 - $580 before finding new buyers.
🎯 Trading Strategy:
🟢 Entry (Buy): Around $588 - $590 if support holds.
🔴 Stop-Loss: Below $585.
🟢 Take Profit Targets:
First TP: $598.00
Second TP: $605.00
Final TP: $610.00+
🔥 BNB is showing signs of recovery! Watch $598—if it breaks, bulls could push towards $605+.
BNB
592.11
+3.25%$BNB
