#BNB - ANALYSIS‼️
Current Price: 600.6 (+0.12%)
Trend: Neutral (Range-Bound)
Key Levels:
Resistance: 621.7
Support: 570.25 (Mid), 518.8 (Strong Support)
Technical Indicators & Patterns:
CHoCH & BMS Labels: Suggest choppy, indecisive market conditions
Low Volatility: Price is stuck between 518.8–621.7; needs catalyst for breakout
MACD : Likely flat, indicating weak momentum
Trade Strategy:
Range Trade: Buy near 520–530, sell near 620
Breakout Watch: A close above 621.7 could target 700; breakdown below 518.8 may lead to 450
Stop-Loss: If trading range, keep SL just outside key levels (e.g., 510 for longs, 630 for shorts)