BNBUSD – Daily Timeframe Technical AnalysisBNBCRYPTO:BNBUSDExperTrader21BNBUSD – Daily Timeframe Technical Analysis Price has printed a Lower Low (LL) after breaking the previous swing low, confirming that the broader market structure remains bearish. However, the latest bullish impulse from the LL shows strong buying momentum, pushing price back into the previous supply/resistance zone near the Lower High (LH). Key observations: ✅ Market structure: Bearish (LL still intact). ✅ Current move: Bullish retracement within a bearish trend. ⚠️ Price is approaching a critical resistance area around 590–605. 📌 A rejection from this zone could create the next Lower High, increasing the probability of another bearish continuation toward the recent lows. 📈 If buyers manage to break and close above 605, it would weaken the bearish structure and open the door for a potential trend reversal. Trading idea: I'm watching for bearish confirmation at resistance rather than chasing the current rally. Patience is key—let price reveal its intention before committing to a position. Key Levels Resistance: 590–605 Support: 540–550 Always wait for confirmation and manage risk accordingly. This is not financial advice.