$BNB – STRUCTURE HOLDING BUT PRESSURE BUILDING
$BNB USDT is currently at $662.13 (-2.00%), trading just above the short-term support zone at $657. Despite today’s dip, it’s holding above the MA(7) at $661.64, with key resistance overhead near $668–$672. Volume remains steady at 152K BNB, showing institutional interest is still present.
TRADE SETUP – RANGE COMPRESSION
Entry: $659 – $663
TP1: $670
TP2: $678
TP3: $689
Stop-Loss: $652
Outlook: BNB is coiling tightly between MAs with layered bids. If $657 holds and BTC stabilizes, expect a bounce back toward $670+. Breakdown below $652 may trigger fast downside.
PRO TIP: Watch for a strong 4H close above $665 with increased volume – that could ignite a recovery toward $680+. This setup suits mid-range swing traders.
