BNB/USDT – 4H Analysis
$BNB is currently trading around 725, and the short-term structure looks slightly bullish.
The price is above all three moving averages:
MA 7: 720.35
MA 25: 721.94
MA 99: 719.25
This is a positive sign, but BNB is now sitting near an important resistance area.
Resistance:
726–728 — immediate resistance
736–737 — next major resistance
748–750 — stronger resistance
Support:
720–721 — immediate support
713–714 — strong support
703–705 — major support
What I'm watching
If BNB gives a strong 4H close above 728 with good volume, we could see a move toward 736–737.
If it gets rejected around 726–728 and falls below 720, the price could come back toward 713–714.
Overall, the bias is slightly bullish above 720, but I would want to see a clean breakout above 728 before calling it a stronger bullish move.#btc #bnb $BNB
