$BNB
BNB / USDT – 4H Technical Analysis
On the 4H chart, BNB is currently trading around $624, showing short-term consolidation after a recent push toward the $630–$635 resistance zone. Price is moving slightly below the recent local high near $634, while holding above the $615–$618 support area.
The structure shows:
Higher lows forming from the $598 area
Immediate resistance: $630–$635
Key support: $615, then $600
Volume declining slightly, suggesting consolidation before the next breakout
If price breaks above $635 with strong volume, bullish continuation is likely. Failure to hold $615 may trigger a pullback toward $600.
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📈 Long Setup (Bullish Breakout)
Entry: $632–$636 (on 4H close above resistance)
Take Profit: $650
Stop Loss: $618
📉 Short Setup (Rejection Scenario)
Entry: $628–$632 (if strong rejection candle forms)
Take Profit: $610
Stop Loss: $638
Overall bias: Neutral to slightly bullish while price holds above $615.
Wait for breakout confirmation for safer entries.
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