$BNB /USDT PRO TRADER UPDATE
Market Overview
BNB is currently trading around 621.65 after facing strong rejection from the 642.49 high. On the 15m timeframe, price has slipped below MA(7) and MA(25), showing short-term bearish pressure. The recent drop was sharp and volume-backed, which means sellers stepped in aggressively. However, MA(99) around the 616 zone is still acting as dynamic support, so the structure is corrective, not fully broken.
Key Resistance Levels
632 – Intraday supply zone
636 – 638 – Strong rejection area
642.5 – Major resistance and recent high
Key Support Levels
619 – Immediate support
616 – Dynamic MA(99) support
608 – 610 – Strong lower demand zone
Next Move Expectation
If price holds above 616 and reclaims 629 with volume, we can expect a bounce toward the 636 – 642 zone again. But if 616 breaks with strong volume, a quick flush toward 608 is very likely before any recovery.
Trade Plan (Intraday Setup)
Bullish Scenario (Reclaim 629)
Entry: Above 629 confirmation
TG1: 632
TG2: 636
TG3: 642
Stop Loss: Below 622
Bearish Scenario (Break 616)
Entry: Below 615 confirmation
TG1: 610
TG2: 606
TG3: 600 psychological level
Stop Loss: Above 622
