BNB/USD is consolidating in a narrow range after a massive jump of more than $350 in the past three months. It hits a high of $861 and is currently trading around $758.20.
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 lead 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.


FxWirePro: USD/ZAR outlook weaker on renewed downside pressure
Ethereum Holds Firm Above $3,100 Despite Dip – Fresh Breakout to $3,600+ Looming as Bulls Defend Key Support
FxWirePro: AUD/USD consolidates gains ,remains on positive footing
Bitcoin Reserves Hit 5-Year Low as $2.15B Exits Exchanges – Bulls Quietly Loading the Spring Below $100K
FxWirePro- Major Crypto levels and bias summary
GBPJPY Eyes 208: Pound Pulls Back, Bulls Guard 206
FxWirePro- Major European Indices
EURGBP Buckles Under Sterling Surge – Bears Eye 0.8600 as 0.8800 Ceiling Holds Firm
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ CNY gains some upside momentum but still bearish
EURJPY Carves Triple Bottom at 180.20 – Bulls Ready to Storm 182-183 as Breakout Momentum Builds 



