The post BNB Technical Analysis Mar 5 appeared on BitcoinEthereumNews.com.

BNB is testing critical support at $653.40 from the 655.27$ level, signaling short-term recovery, but in the overall downtrend, breaking resistance at $656.83 is essential. Current Price Position and Critical Levels BNB is currently trading at 655.27$ and moved in the range of 626.20$ – 666.16$ with a 3.56% rise in the last 24 hours. Although the overall trend is downward, the price is positioned above EMA20 (638.79$), giving a short-term bullish signal. RSI at 50.94 is in the neutral zone, while Supertrend is bearish and shows resistance at 746.80$. 15 strong levels were identified across multiple timeframes (1D/3D/1W): 2 supports/3 resistances on 1D, 2 supports/5 resistances on 3D, and 2 supports/2 resistances confluence on 1W. This confluence strengthens the levels; for example, supports overlap with order blocks and liquidity pools. Support Levels: Buyer Pools Primary Support The strongest support level is $653.4044 (score: 75/100), just above the recent 24-hour low range and coinciding with the latest order block on the 1D chart. This level was tested three times in October 2025 and rejected with strong buying volume; the volume profile was 40% higher. It shows confluence with EMA50 on the 3D timeframe, ideal as a liquidity collection zone for stop-loss hunting. If price retraces here, buyers will step in, and a rebound to $718 is expected. Invalidity would be a close below $653, opening the path to $622. Secondary Support and Stop Levels Secondary support at $622.4930 (score: 62/100) overlaps with the demand zone on the 1W chart and Fibonacci 0.618 retracement. It bottomed with volume in January 2026, showing a 25% volume increase. Confirmed by Supertrend support line on 3D. Stop level below $622; if broken, liquidity is swept, and downside target drops to $464. Risk/reward ratio can be calculated as 1:3, with $464 target yielding R/R 1:2.5.…

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Filed under: News - @ March 5, 2026 2:19 am