BNB Market Analysis

The first resistance level above is 687, the second resistance level is 639, and it is currently at the position of 621. This morning at 2 AM, it dipped down to 600 and then rebounded after hitting the bottom, without breaking the support level of 593. From the 1-hour chart, the bulls are still relatively strong. The day before yesterday, Bitcoin's washout caused all altcoins to drop, but BNB performed relatively well. Although today's overall trend is not very strong, a short-term correction can still be seen. If you have a short position, you can consider making a short-term trade. Without further ado, let's get you on board.

Buy near 618

Stop loss at 610

Take profit at 640$BNB