$BNB

#BNBUSDT It seems that the pair has entered a strong upward wave recently. On the four-hour timeframe, the price is currently trading near $760, which is above the 50 and 100 moving averages (around $730 and $707), confirming the buyers' control. The trading volume has also increased, and the Bollinger Bands have expanded, reflecting increasing buying momentum. The Relative Strength Index (RSI) at around 61 indicates good buying strength without the price reaching overbought territory, and the MACD is positive (the main line above the signal line) with a green histogram despite some contraction in its strength, suggesting that the upward momentum may weaken slightly.

The main resistance level is close to $780, and if the price can break this barrier with continued increasing trading volume, it may target $800 and beyond. The most important support levels are at $750, and if the price declines, it may find support at $730 (near EMA50). If it continues to drop, the critical support will be around $707 (EMA100), and keeping the price above this level is essential to maintain the overall upward trend. In any case, a breakout of resistance or a return to one of the mentioned supports indicates new trading opportunities for investors.

What do you think? Do you expect it to continue rising to higher levels, or will it pave the way for a short correction before continuing the upward trend? Share your predictions in the comments!