Technical analysis by cyscalpingvip about Symbol BNB: Buy recommendation (2/25/2025)

BNB (BNB/USDT) Analysis:📊 Current Price: $612.51 (Down -5.64% in 24h)🔍 Technical Analysis:1. Short-Term Trend:- Price correction ongoing- Bearish short-term momentum- Testing key support levels2. Key Levels:- Support: $606.05- Resistance: $646.40- 24h Range: Low $606.05 - High $646.40- All-Time High: $793.353. Market Indicators:- Market Cap: 87.27B- 24h Trading Volume: 2.06B- Circulating Supply: 142.48M- 1h Price Change: +0.27%- 7d Price Change: -7.92%🎯 Trading Recommendations:- Strategy: Defensive- Potential Entry: $610 - $620- Stop Loss: $600- Take Profit: $640⚠️ Risk Management:- Reduce exposure during volatility- Monitor Binance ecosystem news- Watch for trend reversal signals🔮 Market Outlook:- Short-term bearish sentiment- Potential consolidation phase- Strong utility token fundamentals💡 Key Factors:- Recent price correction- Binance exchange developments- Coin burn mechanism- Regulatory environmentRecommendation: Cautious approach with strict risk control.