$BNB is currently trading around $624 after forming a strong base near the $570.06 swing low. The sharp rejection from that level signals aggressive buyer interest and potential accumulation. Price has started printing higher lows on the 4H chart, indicating short-term momentum recovery. However, overall structure remains sensitive as BNB is still trading below major breakdown zones from the $700+ region.

The market is now approaching a key decision area. If bulls maintain pressure and reclaim overhead resistance, we could see a continuation move. But failure to break key levels may result in another liquidity sweep toward lower support.

📊 Key Levels to Watch

🟱 Support Zones:

$600 – $590 (Immediate pullback support)

$570 – $565 (Major swing low / demand zone)

$553 (Critical structural support)

🔮 Resistance Zones:

$640 – $650 (Short-term resistance)

$680 – $700 (Major supply zone)

$776 (High timeframe resistance)

📈 Trading Scenarios

Bullish Setup:

Break and hold above $650 → Targets: $680 → $700

Pullback Opportunity:

Healthy retrace into $600–$590 could offer better R:R long entries.

Invalidation:

Breakdown below $570 shifts structure bearish again.

⚡ $BNB is compressing near a breakout point. Smart money watches structure — emotional traders chase candles.

📌 Not financial advice. Trade with proper risk management.

Disclaimer: I am not your financial advisor.

#cryptotradinganalysisboss #BinanceSquare #TechnicalAnalysis #altcoins #bnb

BNB
BNBUSDT
627.55
+4.39%