$BNB /USDT

Market Data:

Current Price: $607.97 (+0.49%)

24h High: $609.25

24h Low: (missing exact number but likely near $598–600 based on context)

24h Volume:

BNB: 156,047.69 BNB

USDT: ~$94.16M

Moving Averages:

MA5: 607.05

MA10: 607.51

MA60: 608.15

Order Book Depth:

Some resistance seen at 609.33 – 608.87

Support forming around 607.05

Analysis:

Price is slightly below MA60 ($608.15), suggesting a mini-resistance around $608.

Volume is moderate — enough for liquidity, but not extremely strong (compared to ETH for example).

Current Situation: BNB is trying to break through the $608-609 resistance zone.

Trade Setup:

Entry Strategy:

Breakout Entry: If price cleanly breaks and holds above $609.25, it would confirm strength for a move higher.

Dip Entry: If price pulls back towards $607.05–607.50 zone (MA5/MA10 area) and holds, could be a low-risk buy.

Support Zones:

First Support: $607.05 (MA5 area)

Major Support: $598–600 (near the 24h low)

Stop-Loss:

Conservative stop: Below $598.

Tighter stop: Below $606 (just under current micro support).

Targets:

First Target: $612–615 range if $609 breakout happens.

Second Target: $620+ if momentum builds.

Quick Summary:

Would you like me to also suggest a quick scalp setup based on the 15-minute chart?

(BNB moves really well with BTC so a fast plan might help too!)

#BinanceAlphaPoints #BinanceHODLerSIGN #TrumpVsPowell #Write2Earn! #BNB_Market_Update