$BNB 4H analysis:
The chart's looking bullish on the 4-hour timeframe, with price making higher highs and lows, and Moving Averages stacked nicely (5 above 10, both above 20), indicating strong upward momentum.
* Key Resistance: Around $690 - $695.
* Key Support: Dynamically near the 10 MA ($680 - $682) and 20 MA ($665 - $670).
* Recommendation: LONG.
* Ideal Entry: Around $680 - $682 (near the 10 MA).
* Stop Loss: Around $670 - $672 (below the 20 MA).
* Take Profit: Aiming for $695 - $705.
* Reasoning: Strong uptrend, price just pulled back to dynamic support (10 MA), and RSI has room to go up.
* Risk-Reward Ratio: About 1 : 2.15, which is pretty decent.
Main takeaway: The trend is up, and a recent dip looks like a potential buying opportunity, but always manage your risk.
DYOR.