BNB/USDT 4H Chart Update – Is It Time to Act?

#BinanceSquareFam, let’s dive into BNB/USDT! Price: $597.26, down 0.45%.

Quick Look:

Price dropped from $604.04, now below the 5-period MA ($601.68). Bearish vibes?

RSI: 41.30 – nearing oversold. Bounce incoming?

Stochastic RSI: 84.79 – overbought, hinting at a pullback.

MACD: 0.07, but momentum is fading as lines converge.

My View: The downtrend says “wait,” but RSI nearing oversold screams “opportunity soon.” I’m watching for a dip below RSI 40 or a bullish MACD flip before jumping in. What’s your next move? Drop your thoughts below!

#BNB #CryptoSignals #TradingIdeas #Write2Earn