BNBUSD showed strong market confidence in Binance's future possibilities after President Trump unexpectedly pardoned Changpeng Zhao (CZ) on October 23, 2025.
It hit an intraday high of $1141 and is currently trading around $1124.
Oscillators and moving averages to forecast the trend of BNBUSD
CMP- $1124
EMA (4-hour chart)
55-EMA- $1119
200-EMA- $1099.50
365-EMA- $1033. The pair trades above short-term and long term( 365-4H and 200-4H EMA).
Major support - $1050. Any breach below $1050 will drag the pair down to $1020/$975/$930.
Major Resistance - $1150. Any break above $1150 confirms minor bullishness; a jump to $1200/$1250/$1300/$1376/$1400/$1500 is possible.
Indicators (4-hour chart)
CCI(50)- Bullish
ADX- Neutral
Investment Strategy for BNBUSD
It is good to buy on dips around $1080 with a stop loss around $1020 for target profits of $1300/$1350.
