After dropping to $601, BNB bounced back with strength 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 → high-neutral zone, but not yet overbought
• Volume: slightly decreasing, but no aggressive exit
• EMAs:
↪ EMA7: $653.98 ✅ (price above)
↪ EMA25: $649.79 ✅ (solid support)
↪ EMA99: $640.02 ✅ (clean breakout with full candle)
BNB has broken above all key short- and mid-term EMAs with conviction — now hovering near the local top at $674.
If it breaks with strong momentum and rising volume, the $700–$715 zone comes back into play.
📌 Key levels to watch:
• Immediate resistance: $674.80
• Technical support: $640 (EMA99) and $649 (EMA25)
🟢 Strategy outlook:
→ For DCA-minded investors, the EMA99 breakout shifts the trend to structural bullishness
→ Partial entries above EMA25 can target a move above local highs
→ If the move fails, $640 remains a valid pullback area
✍️ Technical summary:
☑️ Reversal structure validated
☑️ All major EMAs reclaimed
⚠️ RSI high, but still with room to move
🔸 Wait for volume confirmation to avoid premature entries
⏳ Those who accumulated between $600–$630 are now seeing payoff
Disclaimer: This is an educational market analysis. Always do your own research before investing.
#BNBupdate #CryptoReading #BreakoutSetup #TechnicalView #Write2Earn
