$BNB 🚨 BNB/USDT Price Action Update! 🚨
📉 Current Price: $760.87
🕒 4H Timeframe Analysis
BNB is dancing on a critical support zone near $744, which recently held strong and caused a minor bounce. 🛡️📈
This level has proven to be a temporary floor as bulls attempt to regain control.
🔍 Support Levels:
🔹 $744.69 – Immediate support (24H Low)
🔹 $738 – Strong historical demand zone
🔝 Resistance Zones:
🔸 $767 (EMA 7) – First short-term resistance
🔸 $786 (EMA 25) – Mid-term resistance
🔸 $770 (EMA 99) – Key level to flip bullish again
📊 Indicators:
📉 MACD still bearish, but momentum is slowing
🟡 EMAs are acting as dynamic resistance – price needs to break above these to fuel a move upward
📈 Red arrow signals potential breakout if BNB can reclaim $770+ zone
🚀 If bulls push above the $770 - $786 zone with volume, we could see a rally toward $815 - $841 🎯
However, if support at $744 breaks, a deeper correction to $720 or lower may occur.
Stay sharp and manage risk! 🧠💼
#BNB #CryptoTrading #SupportAndResistance #BNBUSDT #Binance #TechnicalAnalysis #CryptoSignals 🔥📊