1️⃣ Chart Context
Pair: BNB/USDT
Interval: 1-minute (scalping intraday)
Current Price: $688.18 (+2.65% daily)
Indicator: Parabolic SAR (yellow dots)
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2️⃣ Price Structure & Candlestick Behavior
Recent High: $689.18
Recent Low: $687.50
Price tested $689+ but faced rejection, leading to a short-term downtrend.
Small green candles appearing after a strong red sequence suggest minor buying interest, indicating potential for a short-term reversal or range formation.
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3️⃣ Parabolic SAR Analysis
The Parabolic SAR flipped below candles, indicating:
The recent downtrend lost momentum.
Price attempting to recover above the SAR pivot (~$687.78).
If price closes firmly above SAR dots with volume, it signals: ✅ Potential scalping entry on the long side.
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4️⃣ Order Book Insights
Buy wall around $688.14–$688.17:
Large buy orders (72.8, 47.9 BNB) showing support near the current price.
Sell orders thinly stacked until $688.27+:
Indicates less resistance for a small upward move.
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5️⃣ Micro Trend Analysis
Previous momentum down: Fast drop from $689.18 to $687.50.
Attempted recovery ongoing: Series of higher lows forming in the last few candles.
If price holds above $688.00, expect a test of:
$688.50 (micro resistance)
$688.88–$689.18 (prior high zone)
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6️⃣ Key Levels
Support Zones:
$687.50 (local low, strong intraday support)
$687.36 (next downside support)
Resistance Zones:
$688.50 (first test for bullish momentum)
$688.88–$689.18 (potential target if breakout succeeds)
$689.27 (next resistance if momentum builds)$BNB