$BNB š Rebounding Strong Analysis!
* Observation: $BNB /USDT is bouncing back from a recent dip, showing šŖ. Current price is hovering around $691.65 (+1.16%), eyeing the crucial resistance at $698.68. š
* Potential Scenarios:
* Breakout š: Above $698.68 could ignite bullish momentum towards $705. š
* Retest š: Failure to clear $698.68 may lead to a retest of the $693-$691 support area. š
* Immediate Trading Levels:
* Resistance: $698.68 š
* Support: $686.40 ā¬ļø
* Analysis Insight: š The 15-minute chart shows a strong recovery. š Watch for increased volume at the resistance for confirmation of a breakout or signs of rejection. ā ļø
Let's see if $BNB can break through this key resistance!