$BNB 📊 BNB/USDT Price Analysis – June 1, 2025 🔍
BNB is currently trading at $656.64 with a slight uptick of +0.65% on the daily chart. Let’s break down the key support and resistance levels, along with some technical indicators for a clearer picture. 🧠💡
📈 Resistance Levels
🔼 $661 – Minor resistance (24h high); price struggled to break above here recently.
🔼 $678–$697 – Strong resistance zone; multiple rejections seen near this area.
🔼 $703 – Major resistance; a breakout above this could trigger a bullish rally. 🚀
📉 Support Levels
🔽 $645 – Immediate support (24h low); buyers are defending this zone.
🔽 $628 – Important historical support, confirmed multiple times.
🔽 $602 – Long-term support aligned with the 99-day MA (MA99: $614.78); breaking below may suggest deeper correction.
🧪 Technical Indicators
📍 Moving Averages:
MA(7): $670.45 – Price has slipped below short-term trend.
MA(25): $660.96 – Near current price; acting as resistance now.
MA(99): $614.78 – Long-term bullish trend intact above this level.
📉 MACD:
Bearish crossover seen with MACD line below signal line.
Histogram is in negative territory, suggesting downward momentum. ⚠️
📊 Volume:
Trading volume remains moderate, with signs of fading bullish pressure.
🧠 Conclusion
BNB is currently consolidating between $645–$661. A decisive move above $678 could reignite bullish momentum, while a break below $628 may shift the trend bearish. Stay alert and watch for volume confirmation on any breakout! 🔔📈
💬 What’s your outlook on BNB this week? Drop your thoughts below! 👇🔥