$BNB 🔴 Overall trend: Bearish, with a corrective rebound from the low of 566.00 USDT, without confirmation of a trend reversal.
🟢 Support:
589.19 USDT
566.00 USDT major support.
🔴 Resistance:
594.82 – 600.10 USDT
614.00 – 615.00 USDT
634.11 USDT major resistance.
$BNB 📈 Bullish scenario: A breakout above 600.10 and holding above it with an hourly candle close could push the price toward 614.00.
📉 Bearish scenario: Losing 589.00 could bring renewed selling pressure and pave the way for a retest of 566.00.
🎯 Entry strategy:
Buy: After breaking above 600.10 and successfully retesting it.
Sell: On a clear price rejection from the 595–600 area.
Stop-loss: Below the support level or target resistance, depending on the trade direction.$BNB
#BNB #Binance #USDC