Candle Analysis: $BNB 4H Bullish Engulfing 🕯️
While most major alts remain suppressed, $BNB printed a decisive bullish engulfing candle on the 4H timeframe, expanding from $736 to $754.29 on 32.7K volume.
Key Technical Levels:
• Resistance: $755 (recent wick) & $768
• Dynamic Support: $743 (EMA21 retest level)
• Major Floor: $734 (local swing low)
Hourly RSI sits at 62—clean bullish momentum with room to run before hitting overbought (>70).
Holding $743 keeps the door open toward $770+.
Are you buying the breakout or waiting for a dip?
#BNB #Crypto #BinanceSquare
While most major alts remain suppressed, $BNB printed a decisive bullish engulfing candle on the 4H timeframe, expanding from $736 to $754.29 on 32.7K volume.
Key Technical Levels:
• Resistance: $755 (recent wick) & $768
• Dynamic Support: $743 (EMA21 retest level)
• Major Floor: $734 (local swing low)
Hourly RSI sits at 62—clean bullish momentum with room to run before hitting overbought (>70).
Holding $743 keeps the door open toward $770+.
Are you buying the breakout or waiting for a dip?
#BNB #Crypto #BinanceSquare
