📉 $BNB /USDT – Sharp Recovery Off $592, Now Testing Key Resistance 📈
Current Price: $606.70 (+1.69%)
24H High: $610.35
24H Low: $595.48
24H Volume: 234.80K BNB / $141.43M USDT
Market Overview:
BNB rebounded strongly from the $592.59 support zone, surging nearly 2% in the last few hours. The price is now trading above all key EMAs on the 1H chart:
EMA(7): $606.82
EMA(25): $603.64
EMA(99): $602.61
The crossover and lift-off from EMA(99) confirms fresh bullish momentum. However, price is facing some resistance near $610 — a level it must clear to aim for a retest of the recent high at $619.99.
Outlook:
BNB remains bullish above $603. A strong candle close above $610 would open the path to $620+. But rejection here may result in a short-term retest of the $600–$602 zone.
Pro Tip:
Look for volume breakout above $610 for confirmation. Caution: avoid longs if price falls back under $602.