$BNB 🔍 BNB/USDT Daily Technical Analysis
Current Price: ~$574
Trend: Bullish consolidation
Key Indicators:
RSI (Relative Strength Index): ~60
→ Momentum is strong but not overbought. Favoring further upside.
MACD: Bullish crossover holding
→ Indicates continued buying pressure.
Volume: Moderate, but declining slightly
→ Suggests consolidation or waiting for next catalyst.
🔑 Key Levels to Watch
Support Zones:
$548 – Strong daily support zone from previous resistance breakout
$510 – Trendline + EMA200 area, strong support in case of correction
Resistance Zones:
$588 – Immediate resistance, small rejection zone
$610 – Major breakout level to watch
$645 – Target if $610 breaks with volume
📊 Price Structure
BNB is trading in a rising channel, respecting both the support and resistance lines. If it breaks out above $588 with strong volume, we may see a move toward $610–$645 range. 🧠 Trade Idea (Short-term swing)
Entry: $552–$558 (on retest of support or breakout pullback)
Take Profit 1: $588
Take Profit 2: $610
Stop Loss: $534 (below structure support)