$BNB
BNB/USDT Latest Technical Update | Key Levels in Focus
1. Trend: Bullish – price holding above 615 and structure remains upward despite recent pullback.
2. Market Structure: Higher highs and higher lows from 601.23 to 634.80.
3. Momentum: Neutral to slightly bearish short-term after rejection from 634.80.
4. Key Support: 621.71 – 615.25 zone (recent base and MA99 area).
5. Key Resistance: 634.80 – 636.48 zone (recent high and supply).
6. Current Signal: Pullback after rejection from local resistance.
7. Bullish Scenario: Hold above 615 and reclaim 629–630 to retest 634.80 and attempt breakout.
8. Bearish Scenario: Lose 615.25 and downside opens toward 606.94 then 601.23.
9. Invalidation Level: Sustained 1H close below 601.23.
10. Closing Line: Structure favors buyers above 615, but momentum needs reclaim of 630 for continuation.