#bnb *BNB/USDT $603.08 - Next targets 1D chart*
BNB dumped from $745.74 to $556.46 low, now bouncing at $603.08. -0.47% today. Not financial advice, just levels:
*Chart picture:*
All EMAs bearish: EMA20 $616.85 > EMA50 $629.42 > EMA200 $695.73. Price is below all 3 = downtrend still active. 30 Days -7.71%, 180 Days -27.50%.
*If bounce continues - Bullish targets:*
1. *First target $616.85*: EMA20. Price stuck under it. Break + daily close above = short-term relief
2. *Next target $629.42*: EMA50 + 24h High $612.50 zone. This is ∼4% up. Strong resistance
3. *Major target $671.92*: Chart level + breakdown zone. Needs EMA50 flip first
*If rejection at EMA20 - Bearish targets:*
1. *First support $588.64*: Recent low on chart. Break below = back to $580
2. *Next target $556.46*: Recent swing low wick. ∼7.7% down from now
3. *Major support $546.99*: Bottom of chart. If this breaks, next stop $500-520 zone
*Most likely now: $588 - $617 range*
BNB is consolidating after big dump. Needs to flip EMA20 $616.85 to EMA50 $629.42 for trend change. Until daily close above $617, it's a bounce in downtrend.
*Key zones:*
Zone Action
**Above $617 EMA20** Bullish momentum, target $629 EMA50
**$588-$617** Sideways/accumulation
**Below $588** Bearish continuation, target $556 low
BNB follows BTC + Binance news. With market dump today from inflation data, BTC support will decide BNB direction too.
You looking for long scalp at support or waiting for EMA break?