$BNB #BNBUSDT It seems that the pair has entered a strong bullish trend recently. In the four-hour time frame, the price is currently trading near $760, which is above the 50 and 100 moving averages (around $730 and $707), confirming the buyers' dominance. Additionally, trading volume has increased and the Bollinger Bands indicator range has expanded, reflecting a growing buying momentum. The Relative Strength Index (RSI) around 61 indicates good buying strength without the price having reached an overbought zone, and the MACD is positive (the main line above the signal line) and the histogram is green despite some contraction in its strength, meaning that the bullish momentum could weaken a bit.

The main resistance level is near $780, and if the price can break this obstacle with increasing trading volume, it could head towards $800 and beyond. The most important support levels are at $750, and if the price retraces, it could find support at $730 (near EMA50). If it continues to drop, the key support will be around $707 (EMA100), and keeping the price above this level is essential to maintain the overall bullish trend. In any case, breaking the resistance or retracing to one of the mentioned supports indicates new trading opportunities for investors.

What do you think? Do you expect it to continue rising towards higher levels or to prepare for a short correction before continuing with the bullish trend? Share your expectations in the comments!

⚠️ Warning: This is a technical analysis for guidance and does not constitute financial advice.

#BNB $BNB

BNBUSDT

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777.5

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