BNB next target is to touch 598. then if it sustain will go for 630 otherwise it will come back to 570/565.. let's see what happens.
نشر
Xianml
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Market Condition:
The price is at $591.50, above the 7, 14, and 21 Moving Averages — which is a bullish sign.
There's a small rejection near $591.91, indicating some resistance.
Stochastic RSI shows it's in the overbought zone, meaning a small drop or sideways move might happen soon.
Two Possible Scenarios:
1. Bullish (Price may go up):
If price breaks above $591.91, it could move toward $594–$596.
The moving averages are trending up, offering strong support.
2. Bearish (Price may drop):
If the price falls below $590 or below the MA(14), it could retest support near $588.50.