📈LONG: $BNB

#BNBUSD | #BNB | #BNB

Current Price $524.55

Market Cap $80.77B

Change 1h -1.47% | 24h -0.22%

Daily Indicators:

• RSI: 41 - Neutral 🟠

• MACD: -23 - Bearish 🔴

• EMA: 559 - Below 🔴

Analysis:

$BNB is currently in a consolidation phase but shows promising signs of movement with a confirmed swing low and swing high. This fluctuation indicates it’s prime for wholesale buy opportunities and potential retail sell-offs. The bullish sign here is that it holds strongly above the swing low.

Price Targets:

Keep an eye on the initial resistance around $553.32. If it breaks, aim for the next key level at $616.20. Downside support seems strong near $451.54, which would be the critical buy zone.