BNB Pulls Back on Lower Volume to Test Support; Bulls Gather Energy for Another Push to 798!
Brothers, this move from $BNB is pretty interesting!
The 4-hour chart closed at 795.43, up 0.75%. It doesn’t look like much, but the key is that after pulling back to around 793 support, it stabilized—plus the low at 788 was never actually tested. In the past 1 hour it dipped slightly, but overall it’s still holding above support, which suggests selling pressure isn’t strong.
What’s even more worth paying attention to is volume: in the recent 4 hours, the total volume in the last 2 hours is up about 163% compared with the first 2 hours! Brothers, that’s a significant expansion—indicating that funds are actively moving. Looking at the 15-minute candles: the most recent 4 swing lows are at 794.5, 795.73, 794.61, and 794.94. Most of them are holding around 794–795, so the support looks fairly solid.
The overhead resistance is 798. As long as it breaks out on expanded volume, the upside space opens up. My view is simple: as long as it doesn’t break below 788, I’m firmly bullish in the short term—first target 798. If it breaks, then we push higher.
Don’t wait for it to rise before chasing—this is a great time to position yourself. $BNB , go!
Brothers, this move from $BNB is pretty interesting!
The 4-hour chart closed at 795.43, up 0.75%. It doesn’t look like much, but the key is that after pulling back to around 793 support, it stabilized—plus the low at 788 was never actually tested. In the past 1 hour it dipped slightly, but overall it’s still holding above support, which suggests selling pressure isn’t strong.
What’s even more worth paying attention to is volume: in the recent 4 hours, the total volume in the last 2 hours is up about 163% compared with the first 2 hours! Brothers, that’s a significant expansion—indicating that funds are actively moving. Looking at the 15-minute candles: the most recent 4 swing lows are at 794.5, 795.73, 794.61, and 794.94. Most of them are holding around 794–795, so the support looks fairly solid.
The overhead resistance is 798. As long as it breaks out on expanded volume, the upside space opens up. My view is simple: as long as it doesn’t break below 788, I’m firmly bullish in the short term—first target 798. If it breaks, then we push higher.
Don’t wait for it to rise before chasing—this is a great time to position yourself. $BNB , go!
