$BNB / USDT: Break of the daily range seeking to test highs 🚀
BNB maintains a clear bullish structure after breaking out of the previous day’s range delimited between $622.09 and $658.95 (yellow lines), looking to consolidate above $678.00.
Structure and key levels:
Daily References: Trading comfortably above the prior high of $658.95, confirming buyer dominance and invalidating the sell-side liquidity in that zone.
Immediate Dynamic Support: Green line zone at $671.75, acting as a short-term operating floor on 5m and 1H.
Resistance to Beat: Local ceiling at $686.15 - $686.43 (red line), a key level where recent rejection occurred after the impulse.
As long as the price holds the 50 EMA and the green zone at $671.75, the bias favors a new test toward the upper resistance at $686.
👇 Do you see direct momentum to break $686, or are you expecting a pullback to the previous daily high at $658? Check the chart below.
BNB maintains a clear bullish structure after breaking out of the previous day’s range delimited between $622.09 and $658.95 (yellow lines), looking to consolidate above $678.00.
Structure and key levels:
Daily References: Trading comfortably above the prior high of $658.95, confirming buyer dominance and invalidating the sell-side liquidity in that zone.
Immediate Dynamic Support: Green line zone at $671.75, acting as a short-term operating floor on 5m and 1H.
Resistance to Beat: Local ceiling at $686.15 - $686.43 (red line), a key level where recent rejection occurred after the impulse.
As long as the price holds the 50 EMA and the green zone at $671.75, the bias favors a new test toward the upper resistance at $686.
👇 Do you see direct momentum to break $686, or are you expecting a pullback to the previous daily high at $658? Check the chart below.