๐ฏ๏ธ Candle Times: BNB/USDC
โBNB broke out โ but can it hold?โ
Yesterday (1H & 4H):
BNB broke above 760 USDC with rising volume. The 4H chart shows a breakout from a symmetrical triangle. The candle closed near the high โ a positive signal.
๐ข Fibonacci retracement (move: 650 โ 800):
โข 38.2%: 740
โข 50.0%: 725
โข 61.8%: 710
๐ฏ Key levels:
โข Resistance: 780 / 800
โข Support: 740 / 725 / 710
๐ฎ Forecast:
โข Bullish: Holding 740 = continuation to 780/800
โข Bearish: Losing 740 = deeper pullback to 725 or 710
Watch for volume behavior near 740 โ is it accumulation or rejection?
