🚨 BNB/USDT Market Update 🚨
BNB is currently trading around 609.9 after rejecting from the 620.8 recent high. Price is moving sideways on the 1H timeframe, showing consolidation after volatility.
📊 Key Levels:
🔹 Support: 604 – 600
🔹 Strong Support: 588
🔹 Resistance: 613 – 615
🔹 Major Resistance: 620 – 622
📈 Bullish Scenario:
A strong breakout above 615 could push BNB toward 620+ and possibly test 630 zone if momentum builds.
📉 Bearish Scenario:
Failure to hold 604–600 support may lead to a drop toward 588 liquidity area.
⚡ Volume spike shows active participation — breakout or breakdown likely soon.
💡 Trade with confirmation, keep tight risk management, and avoid chasing fake moves in range.