BNB/USD took support near $730 (resistance turned into support). It hit a low of $729 yesterday and is currently trading around $758.
Short-term trend remains bullish as long as the support $698 holds. It trades below the 55 and 34, above 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 leading 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 ( 4-hour Chart)
Directional Movement Index: Neutral
CCI (50): Bearish
Trading Strategy
It is good to buy on dips around $700 with a stop-loss set at $600 and a target price of $1000.


Major Pair Currency Scores: USDCHF Leads as Bullish Contender and major levels to watch
FxWirePro: GBP/AUD dips below 1.9000 level , vulnerable to more downside
FxWirePro: NZD/USD edges higher ahead of RBNZ decision
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD stuck in range but maintains bearish bias
FxWirePro: AUD/USD holds steady ahead of key Australian and U.S. data
EURUSD Dips Below 1.1600 Amidst Dollar Strength: Bearish Bias Favors Selling Rallies
FxWirePro: USD/CNY dips as dollar weakens on US-Iran escalation
Bitcoin Dips Before the Flip: Whales Load Up $3B as $80K Rebound Looms
FxWirePro: USD/JPY dips as Yen firms on BOJ rate-hike bets 



