📊 $BNB /USDT - Medium-Term Trading Analysis
🗓️ 1H Chart | 🧠 Strategy Insight | ⚠️ Not Financial Advice
BNB is currently trading at $650.18, showing a slight uptick of +0.44% 📈.
🧵 Key Observations:
Price Range: Holding between $646 - $653, signaling tight consolidation.
MA Cross: Price is fluctuating just below the 99 MA ($652.99), acting as a resistance.
Support Level: Strong bounce seen from $625.44, likely short-term support.
RSI (6): At 52.31, showing neutral momentum — not overbought, not oversold.
Volume: Decreasing post-rebound, indicating traders are watching key levels for the next breakout.
⚙️ Medium-Term Outlook:
If BNB breaks and holds above $653, expect bullish momentum toward the $670+ region.
Conversely, failure to sustain above MA(99) may invite a retest of the $640–$630 zone.
🔍 Potential Setups:
📈 Breakout Entry: Wait for a confirmed candle above $653.
📉 Pullback Entry: Consider long near $640 if supported by volume & RSI.
🛡️ Always set stop-loss based on risk tolerance.
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📚 DYOR & trade wisely — this is not financial advice.