Technical analysis by OM-MADY-stockmarketclasses about Symbol BNB on 3/13/2025

BNBUSD Price Action Analysis – 4H Timeframe 📊🔥Market Structure:The chart shows a symmetrical triangle pattern forming, with the price approaching a breakout. 📈🔺Supply and demand zones are marked with red boxes, indicating key levels for reaction. 🟥The price is currently testing the $627.02 resistance level. 🚀Trend Analysis:A Higher Low (HL) was recently formed at $564.51, maintaining the bullish trend. 🔼The 50 EMA at $621.21 acts as a strong dynamic support. 📉Increasing volume suggests a potential breakout. 📊Key Levels:Resistance:The $627.02 - $630 area is a critical supply zone. If broken, the next target would be $676.38. 🎯A breakout above this level could confirm strong bullish momentum. 🟢Support:The $621.21 level, aligning with the 50 EMA, serves as a key support. 📉If this level breaks, a potential decline toward $564.51 is possible. ⚠️Possible Scenarios:🔹 Bullish Case: A confirmed breakout above $627 could push the price toward $676. 🚀🔹 Bearish Case: Rejection from resistance and a break below $621 may lead to a drop to $564. ❌📌 Conclusion:Watching for breakout confirmation before making any decisions. 🔎Key levels: $627 (resistance) and $621 (support). 📍Volume and price action will determine the next move. 📊