BNB/USDT Analysis on H4 (May 21, 2025)

Current price: ~$688.84. BNB is in an uptrend, but consolidation is visible on the 4-hour chart.

Technical Analysis:

Support: $680–$685, $660–$670 (main).

Resistance: $700–$710, $730–$740.

Indicators: RSI (~50–55, neutral), MACD close to correction, ADX (~25–30, moderate trend).

Pattern: Possible ascending triangle ($680–$710). Breakout upwards ($710) signals growth to $730–$760, downwards ($680) — to $660.

Fundamentals:

BNB is supported by the Binance ecosystem (DeFi, NFT, token burning). Regulatory risks and market volatility remain.

Forecast:

Bullish: Break above $710 → $730–$760.

Bearish: Drop below $680 → $660–$670.

Sideways: Range $680–$710 in the next 12–24 hours.

Recommendation:

Wait for a breakout with volume confirmation. For buying: entry above $710, stop below $680. For selling: entry below $680, stop above $700.

Risks: False breakouts, news, decline of BTC/ETH. Use 1–2% of deposit and stop-losses.