$BNB

#BNBUSDT It seems that the pair has recently entered a strong upward wave. On the four-hour time frame, the price is currently trading near $760, which is above the 50 and 100 moving averages (around $730 and $707), confirming 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 is 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 near $780, and if the price can break this barrier with trading volume continuing to rise, it may target $800 and beyond. The key support levels are at $750, and if the price retraces, it may find support at $730 (near EMA50). If it continues to drop, 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, breaking through resistance or returning to one of the indicated supports signals new trading opportunities for investors.

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

⚠️ Warning: This is only a guiding technical analysis and does not constitute financial advice.

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