Here’s a full Support, Resistance & Trade Plan for BNB/USDT based on the daily chart from your screenshot:
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Current Price:
$600.68
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Support Levels:
1. $591.42 – Immediate support (24h low)
2. $570.00 – $550.00 – Strong support zone from previous bottoms
3. $500.00 – Psychological & historical support
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Resistance Levels:
1. $604.44 – Immediate resistance (24h high)
2. $630.00 – $650.00 – Mid-level resistance (multiple rejections)
3. $720.00 – $750.00 – Strong resistance (previous top)
4. $800.00+ – Major psychological resistance
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Trade Plan:
Long (Buy) Setup:
Entry Zone: $590 – $600 (current support zone)
Stop Loss: Below $570
Target 1: $630
Target 2: $700
Target 3: $750
Short (Sell) Setup:
Entry Zone: $720 – $750 (only if price reaches and shows strong rejection)
Stop Loss: Above $770
Target 1: $660
Target 2: $600
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