Market Overview $BNB
The asset is currently trading around 616 after a strong recovery from the recent low near 587. On the 1H timeframe, price is holding above EMA 7 and EMA 25, while EMA 99 remains slightly higher near 621, acting as dynamic resistance. RSI is above 60, showing bullish momentum but approaching a zone where short-term pullbacks are possible. MACD is crossing into positive territory, confirming improving momentum. Volume has increased during the latest upward push, which supports the current bullish structure.
The key short-term level is 610 as local support. As long as price holds above this zone, buyers maintain control. A clean breakout and consolidation above 620–622 would open the path toward the 630–640 liquidity zone. Failure to hold 610 increases the probability of a pullback toward 600–605.
For quick transition click $BNB
#crypto #trading