š $BNB is the large-cap looking strongest today: +1.1% in 24 hours, while $BTC, $ETH, $SOL and $XRP are in the red. It hit its 20-candle high on the 4-hour chart ($762.8) on double the usual volume.
š Context (Binance, 4-hour):
ā¢ Price: ~$753: it tried again near $762 and pulled back, about 1.2% below the high.
ā¢ Above the 20 EMA (~$748), 50 EMA (~$743) and 200 EMA (~$745): the $743ā748 zone is the first support.
ā¢ RSI at 62: strong, but not overbought (70).
ā¢ Relative volume was 2.1x on the high candle; the latest closed candle was at 1.1x.
ā¢ Open interest +0.8% and funding near zero (+0.001%): positions are building without euphoria.
ā¢ On the daily chart: strong uptrend, above the daily 200 EMA (~$674). Daily ATR is 2.6%.
š¢ Bullish scenario: if it closes above $762.8, the next reference is the recent daily high (~$776.5).
š“ Bearish scenario: if it loses the $743ā748 zone, the low of the 20 4-hour candles (~$732.7) is the next level.
š What to watch: whether volume picks up again if thereās a third attempt at $762.8, and whether funding spikes (a sign of euphoria).
Will BNB hit $776 this week? Reply āYESā or āNOā š
#BNB #BNBChain #AnalisisTecnico #Cripto #Tra100d
ā ļø For informational and educational purposes only; this is not financial advice. Cryptocurrencies are volatile: do your own research and trade with caution.
š Context (Binance, 4-hour):
ā¢ Price: ~$753: it tried again near $762 and pulled back, about 1.2% below the high.
ā¢ Above the 20 EMA (~$748), 50 EMA (~$743) and 200 EMA (~$745): the $743ā748 zone is the first support.
ā¢ RSI at 62: strong, but not overbought (70).
ā¢ Relative volume was 2.1x on the high candle; the latest closed candle was at 1.1x.
ā¢ Open interest +0.8% and funding near zero (+0.001%): positions are building without euphoria.
ā¢ On the daily chart: strong uptrend, above the daily 200 EMA (~$674). Daily ATR is 2.6%.
š¢ Bullish scenario: if it closes above $762.8, the next reference is the recent daily high (~$776.5).
š“ Bearish scenario: if it loses the $743ā748 zone, the low of the 20 4-hour candles (~$732.7) is the next level.
š What to watch: whether volume picks up again if thereās a third attempt at $762.8, and whether funding spikes (a sign of euphoria).
Will BNB hit $776 this week? Reply āYESā or āNOā š
#BNB #BNBChain #AnalisisTecnico #Cripto #Tra100d
ā ļø For informational and educational purposes only; this is not financial advice. Cryptocurrencies are volatile: do your own research and trade with caution.
