📊BNBUSDT 4H Market Update
• Trend: Bullish
• SMA (20): 765.6075
• Support: 750.75
• Resistance: 784.95
• Current Price: 770.13
📈Strategy:
BNB is trading in a premium zone above the 20 SMA, indicating strong bullish momentum. However, price is approaching resistance at 784.95, and the 4H range high at 808.23 suggests limited upside potential. The current price is near the 4H swing high, making it a favorable area for a short-term pullback. A conservative short entry at 770.13 with a stop loss at 747.03 and take profit at 804.79 offers a 1:1.5 risk-reward, aligning with the premium zone strategy.
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⚠️ Not financial advice - always DYOR.
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• Trend: Bullish
• SMA (20): 765.6075
• Support: 750.75
• Resistance: 784.95
• Current Price: 770.13
📈Strategy:
BNB is trading in a premium zone above the 20 SMA, indicating strong bullish momentum. However, price is approaching resistance at 784.95, and the 4H range high at 808.23 suggests limited upside potential. The current price is near the 4H swing high, making it a favorable area for a short-term pullback. A conservative short entry at 770.13 with a stop loss at 747.03 and take profit at 804.79 offers a 1:1.5 risk-reward, aligning with the premium zone strategy.
🔔 Don't forget to follow for more updates! & Your Future Eye
⚠️ Not financial advice - always DYOR.
Click Here To Trade 👇