**OVERVIEW**
* **Trading pair**: BNB/USDT
* **Time frame**: 1 hour (1H)
* **Current price**: 697.75 USDT
* **Increase in 24h**: +1.16%
* **Highest price in 24h**: 703.30 USDT
* **Lowest price in 24h**: 688.07 USDT
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**PRICE TREND**
* **Short-term**: Up
The price has risen above all 3 EMA lines (20, 50, 200), showing a clear upward momentum.
* **Medium and long term**: Positive
EMA(20) > EMA(50) > EMA(200), indicating a stable bullish trend.
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**TECHNICAL STRUCTURE**
* **Nearest bottom zone**: ~675 USDT
* **Most recent peak**: 703.30 USDT (has been slightly rejected)
* The price just had a strong breakout to a new peak but was rejected and is testing the area around 697–693 (EMA20).
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**SUPPORT INDICATOR**
🔹 RSI (7): 68.40
* Near overbought zone (70).
* Indicates strong upward momentum but starting to show overbought signals → need to monitor for slight correction signals.
🔹 MACD:
* **DIF**: 2.08 | **DEA**: 1.40 | **MACD**: 0.68
* Both MACD and Signal lines are trending upwards, and the histogram > 0 → the upward trend is being strongly confirmed.
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**VOLUME**
* Volume is spiking in the most recent bullish candle → confirming the upward price momentum with strong participation from cash flow.
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**PRICE ACTION ZONE**
| 703.3 | Nearest resistance (new peak) |
| 693–690 | Dynamic support (EMA20–50) |
| 677–675 | Strong support (EMA200 + previous low) |
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**TRADING SCENARIO**
Continuing upward scenario:
* If the price holds above 693 (EMA20), it may retest the area of 703 and break out to the area of 710–715.
Correction scenario:
* If it breaks EMA20 and EMA50 → it may drop to test the zone 677–675 (EMA200) then bounce back.
