Here’s the BNB/USDT 4H intraday analysis based on your chart:
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Technical Analysis
Trend: The price recently peaked at 861.10 and has since been in a steady downtrend, with current price near 759.
Support & Resistance:
Immediate support: ~754 (24h low, also a psychological level).
Next support: ~720 zone.
Resistance: ~776 and then ~800.
MACD: Both DIF (-9.86) and DEA (-5.43) are negative, with MACD histogram showing sustained bearish momentum — indicating sellers remain in control.
RSI (6): Extremely oversold at 12.22, suggesting a potential short-term bounce but still within a bearish structure.
Volume: Declining after recent heavy selling spikes, which might indicate that sellers are losing strength and consolidation could occur soon.
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Intraday Trading Signal
1. Long (Bounce) Setup
Entry: 755 – 760 (near current price, oversold RSI)
Stop-loss: 745 (below immediate support)
Take-profit targets:
TP1: 776 (resistance zone, 1:1 RR)
TP2: 800 (next resistance, strong bounce potential)
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2. Short (Breakdown) Setup
Entry: Below 754 (if candle closes under support with volume)
Stop-loss: 765
Take-profit targets:
TP1: 730
TP2: 720
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Summary:
The market is oversold, so an intraday long bounce toward 776–800 is possible.
However, if 754 breaks with strong volume, sellers could push price toward 730–720 quickly.