BNB/USD is consolidating after forming a minor top around $692.70. It hit an intraday high of $675.80 and is currently trading around $675.30.
Short term trend remains bullish as long as support $630 holds. It trades above the 55 and 34,200 EMA on the 4-hour chart. Near-term support is around $630 , any breach below targets $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: Bullish
- CCI (50): Bullish
Trading Strategy
It is good to buy on dips around $669 with a stop-loss set at $630 and a target price of $800/$1000.


FxWirePro: USD/CNY slips as Yuan firms ahead of Trump-Xi talks
FxWirePro: GBP/AUD outlook weaker on renewed downside pressure
Bitcoin Breathes at $80K: Bullish Structure Holds as Risk Aversion Creeps In
ETH Under Pressure: Can the $2,200 Support Spark a Rebound to $2,700?
Ethereum’s Momentum Stalls: ETH/USD Finds Support Near Critical Levels Amid Market Pullback
FxWirePro: EUR/AUD downward momentum remains in place
FxWirePro: USD/JPY up trend gains momentum but hurdles ahead
Bitcoin’s Institutional Tug-of-War: ETF Outflows Meet Technical Support
FxWirePro: NZD/USD edges higher but bulls lack punch
FxWirePro: EUR/ NZD dips towards 1.9700 level ,scope for further downside 



