$BNB BNB/USDT Attempting Recovery After Recent Dip – Bulls Eye Key Resistance

Price Update:

BNB/USDT is currently trading at $651.52, down 2.79% over the last 24 hours. The price found support at $640.66 and is now stabilizing just above the 7 EMA ($651.35), signaling a possible short-term bounce.

Key Levels:

Support: $640.66

Resistance: $655.38 (99 EMA), $664.18

Trend: Neutral-to-Bullish on lower timeframes

Technical Highlights:

RSI (6): 56.66 – recovering from oversold, room for upside

EMA Alignment: Price is testing EMA(7) and EMA(25); still below EMA(99)

Volume Spike: Strong green candles with increasing volume suggest buying interest returning after dip

Outlook:

BNB is showing signs of short-term strength after a sharp correction. A sustained move above $655.38 (EMA 99) could trigger a push toward $664. However, failure to hold the $649–$651 zone may see it revisit the recent low at $640.

Conclusion:

BNB is in a make-or-break zone. Watch for volume confirmation and EMA crossover to validate further upside. A break above $655 may be a bullish signal for intraday traders.

#TradeLessons #WriteToEarn #AnalysisBNB #AltcoinSeasonLoading #StrategyTrade