$BNB Surges โ But Is It Time to Buy or Wait?" ๐
BNB has made an impressive recovery from 507 to 578, gaining momentum, but should you buy now or wait for a pullback?
๐ Technical Breakdown:
โ EMA 9 (575) and EMA 21 (570) are below price โ a bullish sign.
โ ๏ธ Resistance at 586-602 โ breaking this will confirm a stronger rally.
๐ If BNB fails to break 586, we could see a pullback to 565-544 before another push.
๐ฏ Best Trade Plan:
๐ Buy only if BNB breaks 586 with strong volume.
๐ Short-term traders should wait if rejection happens at resistance.
โณ A pullback to 565 could be a better entry for risk management.
๐ก Verdict: BNB is strong, but the real breakout is still unconfirmed!