$BNB /USDT Technical Analysis (15m)
Current Price: 847.36
Trend: Short-term bullish
Market Structure
Price is making higher highs and higher lows, confirming a short-term uptrend. Strong bullish impulse pushed price from the 840 zone toward the 849 resistance.
Moving Averages
MA(7): 845.74
MA(25): 842.30
MA(99): 841.31
Price is trading above all key moving averages. MA(7) above MA(25) and MA(99) shows bullish momentum is still intact.
Volume
Recent bullish candles came with increased volume, confirming buyer strength. Slight volume drop on the last candle suggests minor profit-taking, not a reversal yet.
Key Levels
Immediate Resistance: 849.00 – 850.00
Break and hold above this zone can open move toward 855 – 860
Immediate Support: 845.00
Strong Support: 842.00 – 840.00
Trading Outlook
As long as price holds above 842, bullish bias remains valid. A healthy pullback toward 845 or 842 can act as a continuation zone. Rejection from 849 with strong selling could cause a short-term retrace toward 840.
Bias
Intraday: Bullish
Invalidation: Sustained close below 840
This is a momentum continuation setup, not a chase candle. Patience near support is safer than buying at resistance.
