$BNB/USDT Market Update ๐
BNB is currently trading around $745 on the 4H chart after a strong move toward $781 and a subsequent pullback. The price is now consolidating near an important support area.
๐น Key Support: $740โ$737
๐น Key Resistance: $750โ$760
๐น Major Resistance: $765โ$781
The Supertrend support remains near $736.86, while the MACD is showing some short-term bearish momentum. For now, patience is important.
๐ Bullish scenario: If BNB holds above the $737โ$740 zone and shows a strong bounce, buyers may target higher resistance levels.
โ ๏ธ Risk warning: A breakdown below the support zone could increase selling pressure.
Always use proper risk management and avoid overleveraging. This is market analysis, not financial advice.
#BNB #BNBUSDT #Crypto #BinanceFutures #Trading #TechnicalAnalysis
BNB is currently trading around $745 on the 4H chart after a strong move toward $781 and a subsequent pullback. The price is now consolidating near an important support area.
๐น Key Support: $740โ$737
๐น Key Resistance: $750โ$760
๐น Major Resistance: $765โ$781
The Supertrend support remains near $736.86, while the MACD is showing some short-term bearish momentum. For now, patience is important.
๐ Bullish scenario: If BNB holds above the $737โ$740 zone and shows a strong bounce, buyers may target higher resistance levels.
โ ๏ธ Risk warning: A breakdown below the support zone could increase selling pressure.
Always use proper risk management and avoid overleveraging. This is market analysis, not financial advice.
#BNB #BNBUSDT #Crypto #BinanceFutures #Trading #TechnicalAnalysis
