$BNB /USDT Market Update – Short Trade Setup
Price: $667.10
24H Change: +1.35%
Volume: 373,934 BNB (~$246M USDT)
Range: Low $648.83 | High $668.49
Trend: Bullish Momentum Building
Technical Analysis:
BNB has bounced from the $648 support and is showing strength near $667 resistance, forming higher lows on the 1H and 4H charts. Indicators suggest bullish continuation in the short term:
MACD: Bullish crossover confirmed
RSI (1H): 61 – Upward momentum, not overbought
EMA (20/50): EMA20 crossing above EMA50
Volume: Rising buy-side pressure supports upward move
Short-Term Trade Setup:
Entry Zone: $665–$668
Stop Loss: Below $648
Targets:
T1: $676 (local resistance)
T2: $681.75 (recent depth zone)
T3: $690 (psychological and round-level resistance)
Trade Idea: Watch for breakout above $669. If price holds above $665 with volume confirmation, short-term longs can be considered.