$BNB USDT Perp Update | Price Holding Above $626
$BNB USDT Perpetual is trading around $626.88, up +0.60% on the session. The structure remains constructive as price continues to hold above the recent short-term support zone.
📊 Market Structure
$BNB is showing steady strength while maintaining higher lows on lower timeframes. Buyers are defending dips, suggesting accumulation rather than distribution. As long as price stays above the key support area, upside continuation remains possible.
🔎 Key Levels to Watch
Support Zones:
$618 – Minor intraday support
$605 – Strong demand zone
$590 – Major structural support
Upside Targets:
🎯 $630 – First resistance / short-term target
🎯 $635– Breakout confirmation level
🎯 $645– Extended bullish target
A clean break and hold above $640 could accelerate momentum toward $660. If momentum expands with volume, $685 becomes realistic in the coming sessions.
⚠️ Risk Scenario
If price loses $605 with strong selling pressure, we could see a deeper pullback toward $590 before any recovery attempt.
💡 Trading Insight
Momentum is stable, not explosive. This is the kind of structure where patience matters. Breakout traders should wait for confirmation, while dip buyers may look near support with proper risk management.
Trade smart. Manage leverage carefully.