BNB/USDT 4H Technical Analysis (Intraday Setup)
Current Price: 628
Recent Swing High: 642.49
Recent Swing Low: 587.14
MA Levels:
MA(7): 617.86
MA(25): 620.22
MA(99): 663.67 (major higher-timeframe resistance)
🔎 Market Structure Overview
Short-Term Trend:
Price is attempting a bullish recovery after bouncing from the 587 zone. Higher lows are forming on the 4H timeframe.
Moving Averages:
Price is trading above MA(7) and MA(25) → short-term bullish momentum.
MA(99) at 663 remains strong overhead resistance.
Resistance Zone:
640–645 area (recent rejection at 642.49).
Strong resistance at 660–665 (near MA99).
Support Zone:
620–618 (MA cluster support).
605–600 (strong demand zone).
587 major swing low.
📈 Intraday Trading Plan
✅ Scenario 1: Bullish Continuation (Preferred Setup)
Momentum is improving; bias slightly bullish while price holds above 620.
🔹 Entry (Breakout Trade)
Buy above: 632–635 (after strong 4H candle close above minor resistance)
🔹 Stop-Loss:
618 (below MA cluster & recent consolidation)
🔹 Take-Profit Targets:
TP1: 640
TP2: 648
TP3: 660
Risk-Reward: ~1:2 to 1:3
👉 Trail stop to breakeven after TP1.
🔁 Scenario 2: Pullback Entry (Safer Setup)
If price retraces before breakout:
🔹 Entry:
Buy at 620–622 support zone
🔹 Stop-Loss:
608
🔹 Take-Profit:
TP1: 635
TP2: 645
TP3: 660
Better R:R compared to breakout entry.
❌ Bearish Scenario (If Support Fails)
If price closes below 618 with strong volume:
🔹 Short Entry:
615–618 breakdown
🔹 Stop-Loss:
630
🔹 Targets:
600
590
🎯 Intraday Bias:
Mildly Bullish above 620
Bearish only if 618 breaks decisively.
If you'd like, I can also provide:
Lower timeframe (1H / 15m) refined scalping setup
Risk-adjusted position sizing based on your capital
Probability rating for each scenario
#BNB_Market_Update #BNBbull #Binance