🚀 BNB/USDT – Strong Breakout Ahead?

$BNB is currently trading at $828.22 (+2.34%), showing impressive bullish momentum on the 4H timeframe.

🔍 Key Observations:

• Breakout Attempt: Price touched a 24h high of $831.68, testing resistance around the $830–835 zone.

• Moving Averages:

• MA(7) at $811.40 and MA(25) at $806.22 are both trending upward, indicating short-term bullish strength.

• MA(99) at $787.96 continues to act as a strong support zone.

• Volume Surge: Recent green candles are backed by increased trading volume — a sign of genuine buying pressure.

• MACD: DIF (7.43) above DEA (6.93) with a positive histogram, suggesting bullish momentum is intact.

• RSI(6): 73.58 — entering the overbought zone, meaning a short-term pullback is possible before the next leg up.

📈 What’s Next?

If BNB can hold above $820 and break the $835 resistance with strong volume, we might see a push toward $850+ in the near term. However, watch for potential profit-taking due to the overbought RSI.

💡 Trading Plan Idea:

• Bullish Scenario: Break and close above $835 with volume → possible target $850–$860.

• Bearish Scenario: Rejection at $835 → potential retest of $805–$810 support.

⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk accordingly.