$BNB

/USDT Technical Analysis and Trade Signals

Current Price: $633.98 (Downtrend, -3.40%)

Technical Indicators

Trend Momentum: Bearish (short-term correction)

Support Levels:

Immediate: $631.76

Strong: $629.98

Resistance Levels:

Immediate: $642.98

Strong: $667.20

Trade Signals

1. Short-Term (Intraday):

Entry: $633.00

Targets:

🎯 $640.00

🎯 $646.00

🎯 $655.00

Stop Loss: $629.00

2. Momentum Strategy:

RSI is nearing oversold (~30); potential rebound from $631.00.

MACD shows bearish divergence but could cross bullish if volume supports.

3. Risk Sentiment:

Bullish Signal above $642.00 with volume spike.

Bearish Continuation if price breaks below $629.98.

Trade Momentum

High Risk-Reward (Bullish Bias): Enter near support ($631-$633) aiming for a breakout.

Momentum Confirmation: Watch for volume at $642.

Would you like an in-depth trend or candlestick pattern analysis?