$BNB BNB/USDT 4-Hour Technical Analysis
š¤ Buyers Maintaining Key Support
BNB remains strong above the key demand zone despite the overall dominance of sellers ā indicating a possible shift towards the buy side.
š Selling Pressure But Buying Defense
Sellers are pushing the price down, but buyers are consistently entering near the support zoneābuilding a bullish bias.
ā ļø Watch for the Trend Change Signal
A breakout above the recent swing highs would signal that dominance is shifting to the bulls.
š” Trade Scenarios and Setups
š¢ Setup A: Long Breakout
Entry: After the 4-hour candle closes above resistance (~$780ā785).
Stop: Just below the low of the breakout candle (e.g., ~$768ā770).
Targets:
$800ā810 ā near the upper end of the current consolidation.
$820ā830 ā next major resistance.
š” Setup B: Long Bounce at Support
Entry: On the 4-hour bounce near support (~$750ā760).
Stop: A little below the support zone (e.g., ~$745).
Targets:
$780 ā retest of previous highs.
$800 ā upper limit of the consolidation.