🚀 BNB/USDT: Bottom fishing opportunity?
BNB is hovering near a strong demand zone after a pullback. Moving averages are compressing, and short-term indicators show oversold conditions — a potential reversal setup.
📊 Technical snapshot:
· Current price: ~628.50 (around MA7 and MA25)
· MA(99) resistance: 636.46
· Key support: 623.00 – 620.00 (24h low)
· Volume: cooling off, awaiting renewed momentum
🎯 Entry plan (bottom fishing):
Accumulation zone:
· First entry: 625.00 – 628.00
· Add-on: 620.00 – 623.00 (if reached)
Stop loss:
· Daily close below 618.00
Targets:
· TP1: 636.50 (MA99 retest)
· TP2: 645.00
· TP3: 655.00
⏳ Expected timeframe: 3–5 days if price holds above 623.
💡 Pro tip:
BNB is a market leader — it often respects strong support zones. Use conservative leverage or stick to spot for flexibility.
🔥 Are you accumulating BNB here? Drop your thoughts below!
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