$BNB just held its breakout level on the 4H chart 👀
Price dipped back to around 784.46 - the level it broke through - and the 4H candle closed back above it at 786.88. That's the retest holding, which is what I wanted to see instead of a quick fade.
If #BNB keeps closing above 784.46, the 791.02–799.36 area is the next zone on the chart. A 4H close back under 764.85 would turn this into a fade.
On the record, BNB's setup is still judged on one line only: a daily close below 704.29.
Original breakout post: https://www.binance.com/square/post/373473189529227
Level held - does BNB print a new higher high from here? 👇
Research, not advice. #CryptoEdge #MarketStructure
Price dipped back to around 784.46 - the level it broke through - and the 4H candle closed back above it at 786.88. That's the retest holding, which is what I wanted to see instead of a quick fade.
If #BNB keeps closing above 784.46, the 791.02–799.36 area is the next zone on the chart. A 4H close back under 764.85 would turn this into a fade.
On the record, BNB's setup is still judged on one line only: a daily close below 704.29.
Original breakout post: https://www.binance.com/square/post/373473189529227
Level held - does BNB print a new higher high from here? 👇
Research, not advice. #CryptoEdge #MarketStructure
