Technical Analysis BNB/USDT
1. Key Indicators
Current Price: 843.00 USDT (-0.45%)
Bollinger Bands (20,2):
Upper Band (UP): 870.32 (Resistance)
Middle Band (MB): 799.69 (Dynamic Support)
Lower Band (DN): 729.06 (Strong Support)
RSI (6): 62.48 (Approaching Overbought, but not extreme yet)
MACD:
DIF (26.41) > DEA (24.10) → Bullish Signal
Histogram (+2.31) → Positive momentum
2. Important Levels
Support:
799.69 (MB Bollinger)
774.52 (Fibonacci/Psychological Level)
729.06 (Lower Bollinger)
Resistance:
870.32 (Upper Bollinger)
876.37 (Recent High)
3. Volume & Moving Averages
24h Volume: 31.37M BNB
MA(5): 231.117K (Short-term trend)
MA(10): 250.155K (Mid-term trend)
Price above MA(5) & MA(10) → Short-term Bullish Trend
Trading Strategy
A. Scalping (15M - 1H)
Buy Signal:
Price bounces from MB (799.69) or RSI drops to 40-50.
MACD line DIF crosses DEA upwards.
Target Profit: 870.32 (Upper Bollinger).
Stop Loss: Below 799.69 (Middle Band).
Sell Signal:
Price rejected at 870.32 (Upper Bollinger) with RSI > 70.
MACD line DIF crosses DEA downwards.
Target Profit: 799.69 (Middle Band) or 774.52 (Psychological Support).
Stop Loss: Above 876.37 (Recent High).
B. Swing Trading (4H - 1D)
Buy Zone:
If the price drops to 729.06 (Lower Bollinger) with RSI <30.
Confirm rebound with high volume.
Target: 799.69 (Middle Band) or 870.32 (Upper Band).
Stop Loss: Below 700 (Psychological Support).
Sell Zone:
If the price fails to break 876.37 with low volume.
RSI > 70 + MACD bearish divergence.
Target: 799.69 (Middle Band).
Stop Loss: Above 900 (Psychological Resistance).
C. Breakout Trading
Long if the price breaks 876.37 with high volume → Target 900-920.
Short if the price breaks below 729.06 → Target 700-680.
Risk Management
Use automatic Stop Loss (3-5% of capital).
Minimum Risk-Reward Ratio 1:2.
Avoid trading during extreme volatility (major news/whale movement).
Conclusion
Short-term: Sideway-bullish (843-870).
Mid-term: Potential correction if fails to break 870.
Long-term: Still bullish as long as the price is above 730.
🚀 Recommendation:
Scalp buy at 820-830 (if rebounding from MA).
Swing sell at 870-876 (if rejected by Upper Bollinger).
📉 Worst-case scenario: If breakdown at 729, wait for 700 to accumulate.