BNB/USD pared some of its gains due to profit-booking. It hit a high of $692.70 yesterday and is currently trading around $654.
Overall bias remains bullish as long as support $500 holds. It trades above the 34 and 55 EMA on the 4-hour chart. The pair took support near 34- 4H EMA and showed a minor pullback.Near-term support is around $640 , any breach below targets $600/$570/$520. If the pair closes below $500, potentially leading to further declines towards $400.
Immediate Resistance is at $680. A successful breakout above this resistance could suggest bullish momentum, with further gains possible towards $700/$730/$800/$1000.
Indicators (4-Hour Chart)
- Directional Movement Index: Bullish
- CCI (50): Bullish
Trading Strategy
It is good to buy on dips around $640 with a stop-loss set at $570 and a target price of $800/$1000.


FxWirePro: EUR/NZD gains some ground, but outlook is bearish
FxWirePro- Woodies Pivot (Major)
FxWirePro- Major Pair levels and bias summary
JPY Major Currency Score: All Currencies Extremely Bearish
Major Pair Currency Score: USDCAD Extremely Bearish, USDCHF and AUDUSD Bullish
FxWirePro- Major Crypto levels and bias summary
EUR/USD Range-Bound Below 1.1660 Resistance: Bearish Target at 1.1500
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/ZAR recovers slightly but bears are not done yet
AUDJPY Suffers as Yen Buying Pressure Mounts; Bearish Outlook Persists
FxWirePro: USD/CNY trades flat near near 3 -1/2 year low , Outlook bearish
Major Pair Currency Score: EURUSD Extremely Bullish, AUDUSD Bullish, USDCAD Extremely Bearish 



