📊 BNB/USDT – 4H Technical Analysis-@Buynex Trader 🚀🤑
$BNB is currently consolidating around $910. The $891 – $895 zone has acted as strong support since the recent dip, and the price has rebounded.
🔍 Market Structure (4H):
Higher low formation → short-term bullish recovery
Price currently moving sideways below resistance
Momentum neutral to slightly bullish
📈 Indicators:
RSI(6): ~50 → Neutral zone (room for move either side)
Volume steady → breakout confirmation still pending
🟢 Support Zones:
$895 – $900 (Key demand zone)
$885 (Breakdown protection level)
🔴 Resistance Zones:
$918 – $924 (Major supply area)
$940 (Break & hold = bullish continuation)
🎯 Trade Idea (Educational):
Buy on dip: $900 – $895
Target 1: $918
Target 2: $930 – $940
Stop Loss: Below $885 (4H close)
📌 Bias:
➡️ Neutral → Bullish, but $924 break & close needed for confirmation.
⚠️ Always manage risk. Market volatility is high.
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