🌍 $BNB /USDT Global Analysis (1-Hour Chart Overview)
Based on the Binance chart you provided, here is a complete technical analysis for BNB/USDT in the 1-hour timeframe:
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🔷 Current Market Price
Price: 793.61 USDT
Change: +4.19% (Bullish Move)
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🔍 Key Levels
24h High: 804.70
24h Low: 755.72
Support Levels:
1st Support: 781.42
2nd Support: 768.28
3rd Support: 755.15
Resistance Level:
Immediate Resistance: 804.70 (recent high)
Next Target: ~807.69 (if breakout happens)
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📈 Chart Pattern & Candlestick Behavior
Strong Uptrend: The price rallied from ~745.00 to 804.70 in a short time.
Correction Phase: After hitting 804.70, price is slightly retracing and stabilizing near 793.70.
Bullish Candles: Larger green candles dominate, showing bullish pressure.
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📊 Indicators
Moving Averages:
Short-term MA (yellow) is above the long-term trend, showing momentum is still bullish.
MACD:
MACD Line < Signal Line: Showing some bearish divergence starting.
Histogram is declining → possible short-term pullback or consolidation.
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📅 Performance Summary
Today: +2.53%
7 Days: +15.82%
30 Days: +30.62%
90 Days: +30.90%
1 Year: +33.60%
📌 BNB is in a strong bullish trend overall—showing investor confidence and positive sentiment.
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🎯 Trading Strategy
Buy Zone (Entry Point): Around 781 – 785 (if dips continue)
Stop Loss: Below 768 (support break)
Take Profit Targets:
TP1: 804
TP2: 815 – 820 (if bullish breakout above 805)
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📉 Caution
MACD weakening could signal short-term selling.
Watch for a failed breakout above 805 — it could mean a pullback to support.
