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BNB/USDT Market Insight 📉
BNB is showing short-term bearish momentum on the 15m timeframe, trading below key moving averages with continued selling pressure. Price recently broke minor support and is testing a demand zone near $619–620.
🔎 Market Insight
Price trading below MA(7), MA(25), and MA(99) indicates short-term weakness.
Lower highs and lower lows structure remains intact.
Volume spike on recent red candle suggests active selling.
🟢 Support Levels
$619.5 – Immediate support
$615.0 – Next support zone
$608.0 – Strong support area
🔴 Resistance Levels
$624.0 – Immediate resistance
$627.5 – Short-term resistance
$633.5 – Major resistance
🎯 Targets
TG1: $624.0
TG2: $627.5
TG3: $633.5
A reclaim above $624 could bring short-term relief bounce, while loss of $619 may push price toward lower supports.
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