Quick analysis of pair $BNB / usdt 4-hour interval:
Current price: 1015.72
Decline: -2.80% in 24 hours
Highest price: 1083.47
Lowest price: 993.31
Technical indicators:
- General trend: Corrective downtrend after a strong rally from 973 to 1083
- Candles: A clear downward peak pattern forming with the breaking of short averages
- Bollinger Bands: The price is breaking the middle of the Bollinger downwards and heading towards the lower limit (1004.30)
- RSI: At 33.22 close to oversold areas → Early signal for a potential rebound
- MACD negative, supporting the continuation of downward pressure
- Nearby current support: 1004 – 993
- Nearby resistance: 1027 – 1049
Potential scenarios:
🔴 Negative (in case of break):
If the price breaks support at 1000 with a clear close, we may see a return to test 973 then 955.
🟢 Positive (potential rebound)
If support at 1004 – 993 holds and a strong reversal candle appears, the price may start to recover again towards 1027 then 1045.
Technical opinion:
The market is currently in a corrective phase; if you are in a buy position, watch the 1000 area closely — closing below it = logical stop loss.
If you are out of the market, wait for a confirming reversal candle + RSI rising above 40 for a safe entry.
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