#BNB/USDT $BNB

Possible Support Levels:

1. 590-600 USD Zone → If the current level fails to hold, this zone may act as support.

2. 560-570 USD Zone → In case of a major sell-off, strong support can be found here.

3. 507-510 USD Zone → A key demand zone where the last major bounce occurred.

Possible Resistance Levels:

1. 643-650 USD Zone → The likely resistance for the current uptrend. If this level is broken, a new high may be formed.

Technical Analysis:

A double top or rejection pattern is visible on the chart, which may create short-term downside pressure.

If 620 USD fails to hold, the price may drop to the 590-600 USD zone.

If 643 USD breaks, the price may move toward 650+ USD.

Potential Trade Ideas:

Bullish Trade: If the 620 USD level holds as support, the target could be 643-650 USD.

Bearish Trade: If 620 USD breaks, the price could fall to 590-600 USD, where a new entry opportunity might arise.