Price: 646.01 | EMA7: 648.34 | EMA25: 647.83 | RSI14: 48.91 | Resistance: 697.73 | Support: 520 | Average Volume: 226507.94 | Volume Trend: Decreasing
For BNBUSDT at 1d:
- Current price is 646.01, slightly below EMA7 (648.34) and EMA25 (647.83), indicating a potential bearish trend.
- RSI14 is at 48.91, suggesting the asset is nearing oversold territory but hasn't reached it yet.
- MACD is negative (-0.75), reinforcing the bearish sentiment.
- Resistance is at 697.73, and support is at 520.
**Advice:**
- **Long Entry:** Consider entering long around 630-635 if the price dips, with a stop loss below 615. Alternatively, wait for a break above 655 and a retest, then go long with a stop loss below 648.
- **Short Entry:** If the price breaks below 635, consider shorting with a stop loss above 655.
- **Spot Buy:** Best spot buy price would be around 520-540 if the price drops to the support level, as it's a significant support zone.
Keep an eye on the volume trend; a decreasing volume might indicate a weakening trend.