#BNBUSDC
BNB/USDC 4H Market Analysis 📈
BNB is currently trading near the $643 zone after facing rejection from the $690 resistance level. Price action is now consolidating around key moving averages, suggesting the market is preparing for the next directional move.
The overall structure remains bullish on the higher timeframe as long as major support zones continue to hold.
📊 Trade Setup:
🟢 Buy Zone:
$638 - $645
🎯 Bullish Targets:
• TP1: $668
• TP2: $690
• TP3: $700+
🔴 Sell Zone:
Below $630 breakdown confirmation
🎯 Bearish Targets:
• $618
• $600
⛔ Stop Loss:
$610
A successful reclaim above MA(25) could restore bullish momentum, while failure to hold current support may trigger deeper correction pressure.
⚠️ Always wait for confirmation and manage risk properly in volatile market conditions.
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