Based on the 4-hour chart of $BNB /USDT,
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📊 Technical Analysis:
Trend: BNB is in a strong uptrend, forming higher highs and higher lows since bottoming near $601.
Parabolic SAR: Bullish — SAR dots are below the price, indicating upward momentum.
RSI (6): At 71.63, suggesting slight overbought conditions — price may pull back before continuing higher.
MACD: Histogram is flattening near the zero line — momentum is pausing but not reversing.
Volume: Volume remains healthy, confirming price strength.
Key Resistance: Around $791 (recent local high).
Support Zone: Around $745 – $750, which aligns with prior consolidation and breakout area.
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🎯 Intraday Trading Signal (Long Setup):
📥 Entry Point(s):
Ideal: $765 – $770 (on minor pullback to support zone)
Aggressive: Current market price ~$778
🛡️ Stop-Loss Placement:
$744 (below recent support and last major bullish candle)
🎯 Take-Profit Target(s):
TP1: $791 (recent high/resistance)
TP2: $810 (next psychological level and fib extension area)
TP3 (optional swing): $835
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📌 Summary:
Parameter Value
Trend Bullish
Entry $765 – $770
Stop-Loss $744
TP1 $791
TP2 $810
TP3 (swing) $835
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⚠️ Notes:
If RSI crosses above 75, be cautious of short-term reversal.
Use trailing stop if price breaks above $791 to secure gains.
Avoid long entry if price drops below $744 with volume spike — could signal trend reversal.
---
📊 Technical Analysis:
Trend: BNB is in a strong uptrend, forming higher highs and higher lows since bottoming near $601.
Parabolic SAR: Bullish — SAR dots are below the price, indicating upward momentum.
RSI (6): At 71.63, suggesting slight overbought conditions — price may pull back before continuing higher.
MACD: Histogram is flattening near the zero line — momentum is pausing but not reversing.
Volume: Volume remains healthy, confirming price strength.
Key Resistance: Around $791 (recent local high).
Support Zone: Around $745 – $750, which aligns with prior consolidation and breakout area.
---
🎯 Intraday Trading Signal (Long Setup):
📥 Entry Point(s):
Ideal: $765 – $770 (on minor pullback to support zone)
Aggressive: Current market price ~$778
🛡️ Stop-Loss Placement:
$744 (below recent support and last major bullish candle)
🎯 Take-Profit Target(s):
TP1: $791 (recent high/resistance)
TP2: $810 (next psychological level and fib extension area)
TP3 (optional swing): $835
---
📌 Summary:
Parameter Value
Trend Bullish
Entry $765 – $770
Stop-Loss $744
TP1 $791
TP2 $810
TP3 (swing) $835
---
⚠️ Notes:
If RSI crosses above 75, be cautious of short-term reversal.
Use trailing stop if price breaks above $791 to secure gains.
Avoid long entry if price drops below $744 with volume spike — could signal trend reversal.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BNB
787.65
+3.03%
