BNB/USDT 4H Chart Analysis Summary
$BNB is trading at $656.97 (+1.22%), showing signs of recovery but still in a consolidation range. The price remains above EMA(7), EMA(25), and EMA(99), suggesting a bullish alignment, though the tight EMA spread hints at sideways movement.
• MACD is slightly bearish but stabilizing — a bullish crossover could signal a reversal.
• RSI values (6, 12, 24) are between 53–59, indicating neutral momentum with no overbought/oversold pressure.
• Volume is declining, reflecting reduced market activity and indecision.
Key Levels:
• Resistance: $661 (24h high), $693 (swing high)
• Support: $652 (EMA 25), $631 (EMA 99)
Strategy Tip: Watch for a breakout above $661 with volume for a long entry. If rejected, expect a dip toward the $640–$652 zone. Set stop-losses below EMA(25) or EMA(99) to manage risk.
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