$BNB /USDT 4H Chart - Technical Analysis & Spot Trading Signal

1. Market Overview:

Current Price: $674.20
RSI (7): 57.33 (moderate bullish momentum)
Support Levels: ~$665, ~$640
Resistance Levels: ~$690, ~$720

2. Trade Setup for Spot Trading:

🔹 Entry Point:

Buy between $665 – $675 (ideal for a pullback entry)

🔹 Stop-Loss Placement:

Below $660 (to protect against downside risk)

🔹 Take-Profit Targets:

1️⃣ First TP: $690 (resistance level)

2️⃣ Second TP: $720 (strong resistance & breakout potential)

3. Technical Indicators Review:

✅ Uptrend Formation: Recent higher highs and higher lows

✅ RSI Momentum: RSI (57) suggests moderate bullish momentum but not overbought

⚠️ Caution: A break below $660 could signal further downside

Final Trading Signal:

📌 BNB/USDT SPOT LONG

Entry: $665 – $675
Stop Loss: $660
Take Profit: $690 & $720