🚨 BNB/USDC Update 🚨
📉 Market Sentiment: Neutral to Bearish
🔎 Key Indicators:
📊 MACD: -1.38 (Bearish momentum)
📉 Momentum: -2.42 (Weak strength)
📏 RSI: 41.13 (Neutral, no strong trend)
🔻 Short-Term MAs: Bearish, signaling downside risk
🔑 Key Levels:
🛑 Resistance: $647.83 (Breakout needed for bullish continuation)
🔒 Support: $531.63 (Next key level if price drops)
📈 Potential Scenarios:
⚠️ Bearish: Failure to hold $630-$635 could lead to $531 support.
🚀 Bullish: A breakout above $635 could push to $647+.
🎯 Short-Term Outlook: Neutral-Bearish—watch $617 for a crucial support test!