BNB/USD is consolidating after a minor pullback. It hits a high of $665.30 and is currently trading around $662.
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 $644 (365- EMA), any close below targets $628/$598/$570/$520. If the pair closes below $500, potentially lead to further declines towards $400.
Immediate Resistance is at $669.Any breakout above this resistance confirms bullish momentum and a jump towards $680/$730/$800/$1000.
Indicators (4- hour Chart)
- Directional Movement Index: Bullish
- CCI (50): Bullish
Trading Strategy
It is good to buy on dips around $650 with a stop-loss set at $635 and a target price of $800/$1000.


FxWirePro- Major Crypto levels and bias summary
AUDJPY Suffers as Yen Buying Pressure Mounts; Bearish Outlook Persists
FxWirePro: GBP/USD edges lower amid geopolitical tensions and inflation fears
Bitcoin Consolidates Near $78K: Will Strong ETF Inflows Trigger a Breakout to $90K?
FxWirePro: USD/JPY hits seven-month low, scope for further downside
NZDJPY Weakens for Fifth Day Amidst Yen Strength, Bearish Trend Favors Downside
FxWirePro- Woodies Pivot (Major)
NZDJPY Plummets Below 90; Downtrend Favors Sellers on Pullbacks
FxWirePro: EUR/NZD edges lower, remains on back foot
JPY Major Currency Score: All Pairs Extremely Bearish
FxWirePro: USD/CNY trades flat near near 3 -1/2 year low , Outlook bearish 



