After falling to $601, BNB reacted strongly and is now testing the $662 region with a well-defined bullish structure.
📊 [Daily Chart – BNB/USDT]
• Current price: $662.17 (-0.22%)
• RSI(6): 66.35 → neutral-high zone, but still not overbought
• Volume: slightly retracting, but without aggressive outflow
• EMAs:
↪ EMA7: $653.98 ✅ (price above)
↪ EMA25: $649.79 ✅ (consolidated support)
↪ EMA99: $640.02 ✅ (broken with full candle)
BNB has broken all major short and medium moving averages solidly — now flirting with the local top at $674.
If it breaks strongly and with increasing volume, the $700–$715 region comes back on the radar.
📌 Zones to watch:
• Immediate resistance: $674.80
• Technical support: $640 (EMA99) and $649 (EMA25)
🟢 Possible strategy:
→ For those considering DCA, the break of EMA99 changes the context to structural bullish.
→ Partial entries can be considered above EMA25 with a target at breaking the top.
→ If it fails, $640 is still an interesting pullback zone.
Technical summary:
☑️ Reversal structure validated
☑️ All EMAs surpassed
⚠️ High RSI, but still with space
🔸 Waiting for volume confirmation can avoid early entry
⏳ Those who accumulated between $600–$630 now see the reaction.
Disclaimer: This is a market analysis for educational purposes. Always do your own research before investing.
#BNBupdate #CryptoReading #BreakoutSetup #TechnicalView #Write2Earn
