$BNB is maintaining technical strength within the range of $575 – $605, reflecting a balance between buyers and sellers in the short term. The general sentiment of the crypto market remains neutral with a bullish bias, supported by the stability of BTC above $64,000.
Technical Analysis
Overall trend: Bullish in the medium term.
Key support: $575
Immediate resistance: $605
Target zone: If the price breaks $605 with volume, it could extend up to $630 – $645.
RSI (14): In neutral zone (51 points), indicating room for new impulses without overbought conditions.
EMA 20 and 50: Positive crossover; the EMA20 (fast line) acts as dynamic support at $585.
Volume: Light increase in purchases, a sign of reactivation of institutional interest.
Educational Perspective
Traders on Binance can take advantage of this lateral accumulation phase to practice staggered entries (partial purchases near support and progressive profit-taking near resistance).
Suggested strategy: Buy on pullbacks near $580 with a stop loss at $570 and take profit at $610 – $630.
Risk Management
Do not trade without an exit plan.
Always use stop loss.
Avoid high leverage in lateral range.
Conclusion:
$BNB maintains a healthy technical structure within the upward channel. As long as the price remains above $575, the probability favors a rebound towards the $630 area.
Perfect moment for the reader to trade responsibly on Binance by following price action and technical levels.
