🔍 Technical Analysis Summary:

Support Zone: BNB bounced from the $654.69–$654.18 area, which is acting as short-term support.

Trendline Support: The price respected the ascending trendline (blue line), indicating buyer interest at dips.

MACD: Bearish, but the histogram is showing a potential bullish crossover setup.

Volume Spike on Bounce: Increased green volume candle at support suggests buyers stepped in.

Resistance Levels: Immediate resistance at $660.89, major resistance at $664.85–$665.36.

✅ Trade Setup (Short-Term Scalping / Intraday)

Direction: Long (Buy)

Entry Price:

🔹 $656.50–$657.00 (Current area)

Stop Loss:

🔻 $653.90 (Below the wick & support zone)

Target 1:

🔺 $660.80 (Minor resistance)

Target 2:

🔺 $663.10 (Stronger resistance)

Target 3 (Max):

🔺 $664.85–$665.36 (High rejection zone)

🎯 Reason for the Trade:

Bounce from support + trendline respected.

Volume confirms buyer interest.

Reversal candlestick with lower wick formed near strong demand zone.

MACD showing signs of weakening bearish momentum.

📌 Risk Management Tip:

Use 2x leverage max for this scalp. If price breaks $654 with strong red candle, exit trade quickly.