🚨 $BNB /USDT – Recovery Attempt in Progress After Dipping Below $600 🚨

Current Price: $601.22

24H High: $606.78

24H Low: $592.59

24H Volume: 204.14K BNB / $122.48M USDT

Market Insight:

BNB briefly fell to $592.59, but the bulls stepped in with strong support, pushing price back above key EMAs (7, 25, and 99) which are now converging near $600. This signals a short-term reversal attempt. The 15M chart shows a steady recovery, and $600 is now acting as a pivot level.

A clean reclaim of $605+ with volume confirmation could set BNB up for a retest of $610–$615 levels. However, weakness below $595 may reopen the door for deeper pullbacks.

Technical Note:

EMA(7): 600.99

EMA(25): 599.86

EMA(99): 600.88 — all forming a bullish crossover.

Should You Hold?

BNB is showing signs of strength after a dip. If you're holding, this bounce above the EMAs is a positive short-term signal. Consider holding as long as price stays above $595 and look for a push toward $610+.

Pro Tip:

Watch for bullish volume confirmation near $603–$605. No breakout? Take partial profits.

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