$BNB
— STRONG MOVE, BUT CAN BULLS HOLD $626?
$BNB has already made a strong move today, climbing more than 4% and reaching a $636.59 intraday high.
Right now, price is around $627, sitting almost directly on the MA60 at $626.42. This is the level I'm watching closely.
The chart is giving a mixed signal:
📈 Price is still holding above the MA60.
⚠️ MACD is slightly bearish.
📊 RSI(6) is around 47, so momentum isn't overbought yet.
That means I wouldn't blindly chase the move here. If $626 holds as support, buyers could attempt another push toward the day's high.
Trade Setup 👇
🟢 LONG Entry: $625.80 – $627.20
🎯 TP1: $630.00
🎯 TP2: $633.50
🎯 TP3: $636.50
🛑 SL: $623.80
Key level: 🔑 $626
If BNB holds this area and buying volume returns, I would watch $636.50 as the main breakout level.
But if $626 breaks decisively, I'd rather wait for a fresh setup than force a LONG.
🔥 BNB bulls — can we see $640 next, or will $626 break first?
#BNB
— STRONG MOVE, BUT CAN BULLS HOLD $626?
$BNB has already made a strong move today, climbing more than 4% and reaching a $636.59 intraday high.
Right now, price is around $627, sitting almost directly on the MA60 at $626.42. This is the level I'm watching closely.
The chart is giving a mixed signal:
📈 Price is still holding above the MA60.
⚠️ MACD is slightly bearish.
📊 RSI(6) is around 47, so momentum isn't overbought yet.
That means I wouldn't blindly chase the move here. If $626 holds as support, buyers could attempt another push toward the day's high.
Trade Setup 👇
🟢 LONG Entry: $625.80 – $627.20
🎯 TP1: $630.00
🎯 TP2: $633.50
🎯 TP3: $636.50
🛑 SL: $623.80
Key level: 🔑 $626
If BNB holds this area and buying volume returns, I would watch $636.50 as the main breakout level.
But if $626 breaks decisively, I'd rather wait for a fresh setup than force a LONG.
🔥 BNB bulls — can we see $640 next, or will $626 break first?
#BNB