📊BNBUSDT 4H Market Update
• Trend: Bullish
• SMA (20): 763.113
• Support: 745.01
• Resistance: 789.89
• Current Price: 788.99
📈Strategy:
BNB is pressing into the premium zone, currently testing the 4H resistance at 789.89. The bullish structure remains intact above the 20 SMA, but with price in a premium area, we favor a tactical short from current levels, targeting a retracement toward the 745.01 support. A break above 789.89 would invalidate the short setup and signal further upside extension. For now, the risk-reward favors a short entry at market, with a stop above the recent swing high and a take profit aligned with the 1:1.5 risk-reward ratio.
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⚠️ Not financial advice - always DYOR.
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• Trend: Bullish
• SMA (20): 763.113
• Support: 745.01
• Resistance: 789.89
• Current Price: 788.99
📈Strategy:
BNB is pressing into the premium zone, currently testing the 4H resistance at 789.89. The bullish structure remains intact above the 20 SMA, but with price in a premium area, we favor a tactical short from current levels, targeting a retracement toward the 745.01 support. A break above 789.89 would invalidate the short setup and signal further upside extension. For now, the risk-reward favors a short entry at market, with a stop above the recent swing high and a take profit aligned with the 1:1.5 risk-reward ratio.
🔔 Don't forget to follow for more updates! & Your Future Eye
⚠️ Not financial advice - always DYOR.
Click Here To Trade 👇