$BNB is currently "coiling," preparing for its next major move.
Entry Strategy: * Conservative: Wait for a daily close above the $651.00 resistance and the upper red trendline.
Aggressive: Buy near the $610–$620 support zone with a tight stop-loss below $580.
Upside Targets:
Target 1: $680 (Top of the Ichimoku Cloud).
Target 2: $720 (Previous consolidation peak from mid-March).
Long-term Target: $850+ (Revisiting the pre-crash levels seen in early January).
> Bottom Line
BNB is showing signs of exhaustion among sellers. While the long-term trend (MA200) is still technically down, the immediate price action suggests a "bottoming out" process. If the $651 resistance breaks with high volume, it confirms that the bulls have regained control.
BNBUSDT
Trvl
636.36
-0.44%