Following a severe rejection from 653,$BNB USDT is exhibiting post-dump stability. The short-term structure has turned negative, although the price is establishing a base above the 622 demand level. The MACD curving up and waning momentum on the downside hint at a possible relief rally.
The current key zone is 622–625. By holding these levels, the bounce scenario toward mid-range liquidity is maintained. This failure reopens the downside's continuation.
EP: 624–629
TP: 640, 648, and 655
SL: 618
Following selling pressure, the market is in a period of compression. Anticipate an increase in volatility shortly, with some bullish tilt if buyers protect the existing base.
$BNB
BNB
607.95
-0.54%