BNB/USD struggled to break above the significant resistance of $700 and showed a minor sell-off after hitting a high of $697.70. It hit an intraday low of $680 and is currently trading around $681.50.
Short-term trend remains bullish as long as support of $650 holds. It trades above the 55 and 34,200 EMA on the 4-hour chart. Near-term support is around $650, any breach below targets $630/$600/$570/$520. If the pair closes below $500, potentially leading to further declines towards $400.
Immediate Resistance is at $700. A successful breakout above this resistance could suggest bullish momentum, with further gains possible towards $730/$800/$1000.
Indicators (4-Hour Chart)
- Directional Movement Index: Neutral
- CCI (50): Bullish
Trading Strategy
It is good to buy on dips around $665 with a stop-loss set at $630 and a target price of $800/$1000.


FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path
Bitcoin Yawns at Fed Cut – Coiled Tight at $92K: $90K Hold = Straight Shot to $100K
Strategy Retains Nasdaq 100 Spot Amid Growing Scrutiny of Bitcoin Treasury Model
FxWirePro: USD/ZAR extends losses as dollar drops after delayed U.S. data
UK Economy Accelerates, But GBP/JPY Stays Capped – Sell Toward 206
FxWirePro: GBP/AUD consolidates around 2.0145, maintains bullish bias
FxWirePro: NZD/USD downside pressure builds, key support level in focus
FxWirePro- Major Crypto levels and bias summary 



