Key Levels
- Upside Target: $721
- Next Support: $643
- Next Resistance: $693
- Downside Target :$618
- Direction: Neutral
BNB is comfortably trading above its 200 EMA, reinforcing bullish structure. The RSI sits in a neutral zone but remains slightly above its average, indicating that momentum is stable and leaning constructive. This environment supports further consolidation or a slow build-up toward a breakout.
Scenarios Ahead
- Range Trap or Launchpad? If BNB continues to hold above $643 and breaks above $693 with volume, we could see a clean push toward $721 in the coming sessions. This would confirm strength after range consolidation.
- Dipping Into the Demand Pocket If $643 fails, price may drift toward the 200 EMA around $626 and possibly test $618. These zones could provide bounce opportunities if buyers step in with strength.
- Stuck in the Chop Box BNB may continue to trade sideways between $643 and $693, building more structure before committing to a clear breakout or breakdown. This range remains valid unless price invalidates either side with strong momentum.
Cryptonary’s Take
BNB looks structurally healthy as long as it stays above $643. Sideways chop here is likely just base building, and any retests of lower support could offer solid long setups. A clean move above $693 opens room for expansion toward $721.100% Success Money Back Guarantee
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