BNB/USD has been consolidating in a narrow range between 793 and 768.50 for the past two days. It hits an intraday high of $790 and is currently trading around $788.20.
Short-term trend remains bullish as long as the support $698 holds. It trades above the 55 and 34, below the 200 and 365 EMA on the 1-hour chart. Near-term support is around $729; any close below targets $700/$670/$650/$644/$628/$598. If the pair closes below $500, potentially lead to further declines towards $400.
Immediate Resistance is at $780.Any breakout above this resistance confirms bullish momentum and a jump towards $800/$820/$830/$862/$900/$1000.
Indicators ( 1-hour Chart)
Directional Movement Index: Bullish
CCI (50): Bullish
Trading Strategy
It is good to buy on dips around $700 with a stop-loss set at $600 and a target price of $1000.


Ethereum’s $2,200 Ceiling: Can Diplomatic Breakthroughs Dissolve the Bearish Resistance?
FxWirePro: GBP/AUD edges lower, downside risk remains
FxWirePro:NZD/USD treads water as Iran uncertainty keeps traders on edge
FxWirePro: EUR/ NZD stuck in range but maintains bullish bias
FxWirePro: GBP/NZD continues to recovers , upside pressure builds
FxWirePro: USD/ZAR uptrend loses steam, remains on bullish path
FxWirePro: EUR/AUD consolidating around 1.6650, room for further gains
NZDJPY in Consolidation: Navigating the 92.00 Range as Bearish Clouds Gather
FxWirePro- Major Crypto levels and bias summary
AUDJPY Stalls in Neutral Ground: Bearish Shadows Loom Over the 111.00 Mark
FxWirePro: AUD/USD downside pressure builds, key support level in focus
FxWirePro- Major Crypto levels and bias summary 



