$BNB /USDT: Binance Coin Breakout - Rally Confirmed?
+4.57% today = strong momentum. -3.14% weekly, -32.80% monthly. Pumped from $618.90 to $637.24, consolidating at $633.80.
The Play:
📈 BUY Zone: $632-$633.80 (support above breakout)
🎯 Targets: $637.24 (24h high retest) | $642 | $650
🛑 Stop: $628
OR if rejection:
📉 SHORT Zone: $637-$640 (resistance zone)
🎯 Targets: $630 | $625 | $620
🛑 Stop: $642
Key Levels: Volume 98.32M USDT. Broke above $630 resistance, hit $637.24, pulled back to $633.80. Above both MA(5) and MA(10) = bullish. BUT still damaged: 90-day -32%, 180-day -25%, 1-year -5.70%.
Breakout confirmed. Uptrend building.
⚠️ DYOR - BNB showing real strength. Up +4.57% today, rallied from $618.90 to $637.24, holding above $633. This looks like actual reversal, not dead cat bounce. BUT still down -32% monthly - don't forget the bigger picture. Watch $637.24 resistance - break confirms continuation to $650+. Fail = pullback to $625.
Risk Level: MODERATE 🔥
