BNB/USD breaks previous week high as Bitcoin hits fresh all-time high. It hits an intraday high of $698.80 and is currently trading around $698.20.
Short-term trend remains bullish as long as the support $598 holds. It trades above the 55 and 34, 200 and 365 EMA on the 4-hour chart. Near-term support is around $670; any close below targets $ 650, $644, $628, $598, $570, and $520. If the pair closes below $500, it will potentially lead to further declines towards $400.
Immediate Resistance is at $700.Any breakout above this resistance confirms bullish momentum and a jump towards $730/$800/$1000.
Indicators (4-hour Chart)
Directional Movement Index: Bullish
CCI (50): Bullish
Trading Strategy
It is good to buy on dips around $680 with a stop-loss set at $650 and a target price of $800/$1000.


FxWirePro: USD/JPY dips as Yen firms on BOJ rate-hike bets
NZDJPY Faces Downward Pressure as 95.40 Resistance Holds Firm
NZDJPY Faces Selling Pressure: Will 95.20 Resistance Hold?
Gold Tumbles Below $4400 Amidst Hawkish Fed Signals: Sell Rallies for Targets Near $4200
FxWirePro- Major Crypto levels and bias summary
ETH/USD Trade Setup: Buy Dips Near $2,300 with Eyes on a $3,000 Breakout Target
Bitcoin Dips Before the Flip: Whales Load Up $3B as $80K Rebound Looms
FxWirePro: USD/ZAR bears maintain upper hand
EURUSD Dips Below 1.1600 Amidst Dollar Strength: Bearish Bias Favors Selling Rallies 



