(Live price snapshot — BNB around ~$630)
🔥 Current Tech Context
• BNB is trading near $630 support area, consolidating after a pullback from recent range levels. Price is under short-term pressure and below major moving averages on some timeframes. �
• Key downside supports observed around $630–$640 (immediate) and $600–$620 (secondary), offering structural demand zones. �
• Immediate resistances seen near $650–$660 on current charts — this zone may act as the next challenge for bulls. �
CoinLore
CoinStats
MEXC
💎 Updated Trade Setup (Aligned with Your Structure)
EP (Entry):
✔️ 628 – 632 (still valid as demand holding)
👉 Price is currently within this zone — supports confirm buyers stepping in.
SL (Stop Loss):
❌ 623
→ You may tighten depending on risk tolerance (e.g., 620 if support broadens).
Targets (TP Levels):
Target
Level
Notes
TP1
~637–640
First resistance buffer — probable reaction zone
TP2
~650–655
Next resistance cluster / upside liquidity zone
TP3
~665–670+
Broader resistance area above local congestion
Why these levels?
• Orders and liquidity tend to cluster near prior intraday highs like 637–640 on recent charts.
• Break above there gives room toward 650–655, then continuation into upper supply near 665–670+.
(Not financial advice; DYOR.)
📊 Structure & Market Bias
Bullish Structure Conditions (Maintained):
✔ Higher lows defended around demand zone
✔ Controlled pullbacks show absorption rather than capitulation
✔ Consolidation near support with buyers defending
Watch-outs:
⚠ If price decisively closes below 625–630 with volume, structure may shift bearish short term.
⚠ Momentum indicators on intraday frames can show softness — watch confirmations. �
CoinLore
In summary: as long as $627–$630 support holds, continuation toward your upside targets remains favored, with the first hurdles near 637–640 and then 650+.
Let’s go $BNB 🚀