$BNB is currently trading around $607, showing signs of stabilization after a sharp correction from the $909 swing high. The market formed a strong base near $570, which is acting as a key demand zone. Price is now consolidating above this support, suggesting sellers are losing momentum. However, the overall structure remains bearish unless BNB reclaims higher resistance levels with strong volume confirmation.
On the 4H chart,
$BNB is moving inside a short-term accumulation range. A breakout above nearby resistance could trigger a relief rally, while losing the $570 support may open further downside. Volume contraction indicates a potential explosive move soon — traders should prepare for volatility expansion.
🔹 Key Support Levels:
$570 – Major demand zone
$585 – Minor intraday support
$550 – Breakdown confirmation level
🔹 Key Resistance Levels:
$630 – Immediate resistance
$660 – Strong supply zone
$700 – Trend reversal confirmation
📈 Trading Scenarios:
Bullish Setup:
If price breaks and closes above $630, upside targets become $660 → $700.
Bearish Setup:
If price loses $570, downside targets may extend toward $550 → $520.
⚠️ Risk Management is key. Wait for confirmation candles and volume spike before entering.
📌 Not financial advice. Trade with proper risk management.
Disclaimer: I am not your financial advisor.
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