$BNB /USDT – Sharp Rebound After Panic Wick to $507, Now at $558.46
BNB bounced hard after dipping to $507, now trading at $558.46 with a modest +0.73% gain. The recovery suggests strong buyer defense near multi-week lows.
24H Overview:
High: $566.00
Low: $546.45
Volume: 129.75M USDT
Key Levels:
Resistance: $566.00
Support: $546.45
Breakdown Rejection Zone: $530–$507
Market Insight:
Long lower wick signals rejection of downside
Price reclaiming short-term resistance near $560
Close above $566 needed for breakout confirmation
Outlook:
Short-Term: Bullish bias while above $550
Mid-Term: Break of $591 opens path to $621+
Sentiment: Recovering, but still fragile
Pro Tip: Watch for consolidation between $550–$570. Volume expansion above $566 = next move potential.