Intraday bias - Bullish
Trend reversal level- $531 (200- day EMA)
Any close above $620 confirms a bullish continuation.
BNBUSD pared some of its gains after forming a minor top around $586.30. It hits a low of $564.50 at the time of writing and is currently trading around $569.80.
The pair holds below 34 and 55 EMA in the 4-hour chart. Intraday bullishness can be seen if it breaks above 586.90 (365 Hull EMA). The bullish trend continuation can happen if the pair closes above $615 in daily chart. On the lower side, the near-term support is $560 (resistance turned into support). Any break below targets $540/$528/$500/$470 is possible.
The immediate resistance stands at around $587. Any breach above confirms minor bullishness. A jump to $605/$620/$647/$700 is possible. A surge past $725 will take it to $800.
Indicators ( 4- hour chart)
Directional movement index - bearish
CCI (50)- Bullish
It is good to buy on dips around $560 with SL around $528 for TP of $700.
a


FxWirePro: USD/CAD downside pressure builds, key support level in focus
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major European Indices
FxWirePro: USD/JPY dips below lower range, bearish bias increases
Firelight Launches as First XRP Staking Platform on Flare, Introduces DeFi Cover Feature
FxWirePro: NZD/USD sustains gains as uptrend remains strong
FxWirePro: AUD/USD consolidates gains ,remains on positive footing
FxWirePro- Major US Indices
EURJPY Carves Triple Bottom at 180.20 – Bulls Ready to Storm 182-183 as Breakout Momentum Builds
FxWirePro: EUR/AUD set To for bigger drop, but close below key fibo needed
EURGBP Buckles Under Sterling Surge – Bears Eye 0.8600 as 0.8800 Ceiling Holds Firm
Ethereum Holds Firm Above $3,100 Despite Dip – Fresh Breakout to $3,600+ Looming as Bulls Defend Key Support
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption 



