$BNB /USDT Market Update
BNB is showing signs of short-term recovery after a sustained decline from the 616 region. The recent bounce from 610.53 indicates buyers stepping in, though price remains within a broader consolidation range.
Trend: Short-term bullish rebound within a range.
Key Buy Zone:
611.00 – 612.00
This area aligns with the recent breakout base and may act as a support retest zone.
Important Support to Hold:
610.50
Maintaining above this level keeps the recovery structure intact. A breakdown could reintroduce bearish pressure.
Breakout Level:
616.00
A decisive move above this resistance would strengthen bullish continuation prospects.
Outlook:
The bounce appears technically constructive but still requires confirmation. Traders may monitor whether price holds above support, while rejection near resistance could extend the sideways structure.
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