$BNB $BNB
BNB is showing a high-conviction recovery following a successful retest of the **$570.31** major demand zone. The 4H chart confirms a bullish reversal with the price reclaiming the **MA(50)**.
The **MACD** has executed a bullish crossover with increasing green histogram bars, signaling a shift in momentum. With the **RSI** climbing from oversold territory and currently at **48.19**, there is significant runway for an upside move toward the **MA(200)** resistance at **$632**. A breakout above this level confirms a trend shift.
**EP:** $601.06
**TP1:** $621.90
**TP2:** $632.60
**TP3:** $648.50
**SL:** $568.00 (Below recent wick low)
**Risk/Reward:** High
**Conviction:** Strong