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PANDA FINANCE

Binance Coin / Dollar intraday: the upside prevails as long as 687.1 is support

Trading Central 2025-07-16 21:01:09

Our preference: the upside prevails as long as 687.1 is support.

687.1 is our pivot point.

Our preference: the upside prevails as long as 687.1 is support.

Alternative scenario: the downside breakout of 687.1 would call for 679.8 and 675.5.

Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 690.1 and 688.5).

Supports and resistances:

717.5 **

713.2 *

708.9 **

704.6

693.2 last

689.9

687.1 **