Bread ‘N’ Butter KursBNB

$BNB nudged above MA7 & MA25 for the first time in weeks, but barely holding, both MAs at 620–622 acting as resistance turned support. MA99 is still far above at 657. Trendline descending steeply overhead. Entry Zone: 614.00 – 620.00 TP1 638.00 TP2 658.00 TP3 700.00 Stop Loss 595.00

$BNB is showing a small bullish recovery after a sharp pullback, reacting strongly from the 610 – 612 support zone. The long lower wicks and rebound candle indicate buyer interest at demand, suggesting a potential short-term upside move if support continues to hold. Entry Zone: 612 – 616 Target 1: 622 Target 2: 628 Target 3: 635 Stop Loss: 606

$BNB is showing a small bullish recovery after a sharp pullback, reacting strongly from the 610 – 612 support zone. The long lower wicks and rebound candle indicate buyer interest at demand, suggesting a potential short-term upside move if support continues to hold. Entry Zone: 612 – 616 Target 1: 622 Target 2: 628 Target 3: 635 Stop Loss: 606

$BNB chart is serving up a classic bearish pennant right now, and it might have one more trick up its sleeve before heading lower. After sliding all the way from $900, price tagged a major 700-day Point of Control around $582 and bounced. That's given us roughly a 7% lift so far but don't read too much into it. The overall structure still looks heavy. What we're looking at now looks like a textbook bearish pennant. So don't be surprised if we see a grind up toward $640 in the near term. That would be the perfect setup to trap some late longs before the next leg down. If that plays out and sellers step back in, first downside target sits around $520 that black box zone on the chart is the one to watch. But if broader weakness accelerates, the deeper "max pain" scenario points toward the November 2022 bear market high near 381. That's the line in the sand if things really turn. Bottom line: until 640 gets decisively flipped, this is still corrective price action, not a trend reversal.