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Binance Coin / Dollar intraday: as long as 619.6 is support look for 647.6

Trading Central 2025-05-09 14:50:06

The price could retrace.

Our pivot point stands at 619.6.

Our preference: as long as 619.6 is support look for 647.6.

Alternative scenario: below 619.6, expect 609.9 and 604.1.

Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 622.4 and 612.5).

Supports and resistances:

659.3 **

653.4 *

647.6 **

641.8

630.1 last

623.5

619.6 **