BNB/USD is consolidating after a minor pullback. It hit a high of $643.90 and is currently trading around $624.
Overall bias remains bullish as long as support of $500 holds. It trades above the 34 and 55 EMA on the 4-hour chart. If the pair closes below $500, potentially leading to further declines towards $400.
Immediate Resistance is at $645. A successful breakout above this resistance could suggest bullish momentum, with further gains possible towards $678/$700/$730.
Indicators (4-Hour Chart)
- Directional Movement Index: Neutral
- 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.


NZDJPY Bullish Surge: Strong Kiwi Ignites Fresh Upside as 94 Support Holds and All EMAs Align
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure
FxWirePro: GBP/USD hits one-month high, scope for further upside
FxWirePro- Woodies pivot (Major)
FxWirePro: AUD/USD edges lower, but bullish outlook persists
FxWirePro: NZD/USD steadies around 0.5830,retains bid tone
GBPJPY Bullish Surge: Strong Pound Ignites Fresh Upside on Fed-BOE Policy Divergence as All EMAs Align
FxWirePro: USD/JPY uptrend loses steam, remains on bullish path 



