$BNB / USDT Analysis

BNB
BNB
624.96
+0.98%

Current Price: $606.03

24H High: $615.24

Trend: Bearish Pullback 🔴

Support: $601.20 | $596.00

Resistance: $610.00 | $615.20

Analysis:

BNB faced rejection from the $615 zone and dropped sharply to $601.20, confirming short-term bearish pressure. The bounce from $601 shows dip-buying interest, but price is still trading below Supertrend resistance ($611.60), keeping momentum weak in the short term.

Next Move:

Holding above $601.20 could lead to a relief bounce toward $610.00. A reclaim of $615.20 would shift structure back to bullish continuation. However, losing $601.20 may trigger further downside toward $596.00 support.

Short-term bias remains cautious while below $611.60.

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