$BNB $BNB $BNB

📊 BNB/USDT Technical Analysis – October 2024

BNB is currently trading at **$596.8**, showing slight bullish momentum after a minor retracement. The 15-minute chart reveals critical **support** at **$596.1** and **resistance** near **$598.6**, where sellers have been rejecting higher prices. This consolidation in a tight range suggests a potential breakout.

For traders, here's the play:

- **Bullish Entry**: Watch for a clean break above **$598.6** with strong volume—this could signal further upside, targeting higher levels.

- **Bearish Entry**: If BNB drops below **$596.1**, it might test deeper support zones, providing a short opportunity.

The current trend is indecisive, making it an exciting watch for quick intraday plays. Stay alert for volume spikes and price action signals before entering positions!

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