$BNB LET'S ANALYSIS TOGETHER
#USMidtermElections
#BinanceRestores28FiatWithdrawals
BNB / USDT
$703.88
4H and daily trend
Resistance 3 $753–755
Resistance 2 $735–737
Resistance 1 $720–723
Current price $703.88
Support $
Bearish structure: Price is making lower highs and lower lows on both 4H and daily charts.
Support test: BNB is approaching the $700 area, where buyers may attempt to defend price.
Resistance: A recovery toward $720–723 could face selling pressure.
Bullish reversal signal: A strong bullish engulfing candle or hammer at support, followed by a higher high, would improve the outlook.
Bullish reversal
Price holds $700 and breaks above $723 with strong volume.
Potential targets: $735 → $755
Bearish continuation
A decisive 4H or daily close below $700 could trigger another downward move.
Next support must be identified from the updated chart.
#USMidtermElections
#BinanceRestores28FiatWithdrawals
BNB / USDT
$703.88
4H and daily trend
Resistance 3 $753–755
Resistance 2 $735–737
Resistance 1 $720–723
Current price $703.88
Support $
Bearish structure: Price is making lower highs and lower lows on both 4H and daily charts.
Support test: BNB is approaching the $700 area, where buyers may attempt to defend price.
Resistance: A recovery toward $720–723 could face selling pressure.
Bullish reversal signal: A strong bullish engulfing candle or hammer at support, followed by a higher high, would improve the outlook.
Bullish reversal
Price holds $700 and breaks above $723 with strong volume.
Potential targets: $735 → $755
Bearish continuation
A decisive 4H or daily close below $700 could trigger another downward move.
Next support must be identified from the updated chart.
