$BNB

Price action is currently showing signs of controlled buying as it attempts to reverse from a local bottom at 615.17. The 15m chart indicates a successful reclaim of the 7-period Moving Average, signaling a shift in short-term momentum. We are seeing a consolidation phase just below the key 621 resistance level where the 99-period Moving Average currently sits.

Breakout risk is high if bulls can flip the 621 level into support, which would clear the path for a retest of the daily highs. Volume is showing a slight uptick on the green candles, suggesting buyers are stepping in at these discounted levels. A failure to hold 618 would invalidate this short-term bullish structure.

Entry Zone: 618.50 - 620.50

TP1: 625.00

TP2: 628.50

TP3: 631.50

Stop-Loss: 614.50

$BNB #BNB #CryptoTrading #TechnicalAnalysis #Binance #WriteToEarnUpgrade