$2,000 or Bust: Ethereum Bounces Off the Brink, But Bearish EMAs Demand Proof Above $2,500 
FxWirePro: EUR/AUD edges down, remains on back foot 
Bitcoin Bounces Back: US-Iran Thaw Triggers $3K Recovery, Chart Targets $82K–$85K 
FxWirePro: USD/CAD remains buoyant, upside pressure builds 
Cable-Yen Explodes to Monthly Peak: ADX Strength Surges as Bulls Target 216–217 
Bitcoin Pares Gains on US-Iran Tensions; Mixed EMA Setup Puts $74K Support on Watch 
FxWirePro: USD/JPY edges higher as traders monitor Middle East developments 
FxWirePro: GBP/AUD gains slightly as U.S.-Iran deal hopes boost risk sentiment 
FxWirePro: AUD/USD eases as US-Iran questions mount 
FxWirePro: USD/ZAR gains some ground but outlook is bearish 
FxWirePro- Major Crypto levels and bias summary 
BNB/USD gained slightly after forming a minor bottom around $584.40. It hit a high of $612.40 at the time of writing and is currently trading around $610.80.
Overall bias remains bullish as long as support of $500 holds. It trades above the 34 and 55 EMA on the 4-hour chart. Near-term support is around $560, any breach below targets $50. If the pair closes below $500, potentially leading to further declines towards $400.
Immediate Resistance is at $622. A successful breakout above this resistance could suggest bullish momentum, with further gains possible towards $645/ $678/$700/$730.
Indicators (4-Hour Chart)
- Directional Movement Index: Bullish
- CCI (50): Bullish
Trading Strategy
It is good to buy on dips around $600 with a stop-loss set at $540 and a target price of $730/$1000.
