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#BNBATH880

🔎 Technical Analysis 4 hours chart

1. Trend Overview

BNB is in an overall uptrend but facing short-term consolidation after hitting resistance at $883.86.

Current price is $839.40, down -3.42% intraday.

2. Support & Resistance

Immediate support: $833 – $820 zone (recent consolidation area).

Stronger support: $785 – $800 (prior demand zone).

Resistance levels: $860 (minor) → $883 (major recent high).

3. Indicators

MACD: Bearish crossover, MACD = -0.90 (shows short-term selling pressure).

RSI (6): 40.22 → Approaching oversold, suggesting possible bounce if it holds above 40.

Volume: Declining compared to July’s peaks, showing reduced momentum.

4. Price Action Insight

The sharp rejection from $883 signals sellers active at highs.

If BNB holds above $830, bulls may attempt another push.

Break below $820 would likely trigger deeper correction.

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📊 Intraday Trading Signal (4H)

Entry Point(s):

Aggressive Buy: $835 – $840 (current zone if support holds).

Conservative Buy: $820 – $825 (stronger demand zone).

Stop-Loss Placement:

Below $805 (to protect against breakdown below major support).

Take-Profit Targets:

1. $860 (first resistance / scalp target).

2. $878 – $883 (major resistance).

3. If breakout above $883 → extended target $900 – $910.

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⚠️ Risk Management

Use 2–3% capital risk max per trade.

Watch BTC movement, as it heavily influences BNB intraday volatility.

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✅ Signal Summary (BNB/USDT – Intraday)

Buy Zone: $835–$840 (or safer at $820–$825).

Stop-Loss: $805.

Take-Profit: $860 / $883 / $900.