Binance Coin / TetherUS
Long
Updated

BNB/USDT – 4H Chart Update

306
BNB/USDT – 4H Chart Update

BNB is trading near the descending trendline resistance while maintaining higher lows from the demand zone.

🔹 Structure: Gradual recovery within a descending channel
🔹 Support Zone: 820 – 840 (strong demand holding well)
🔹 Immediate Resistance: 890 – 900
🔹 Major Resistance: 920 – 1,000

A strong 4H close above 900–920 can trigger a breakout and accelerate price toward 1,000+.
If the price gets rejected from the trendline, a pullback toward 860–840 is possible before the next move.

Market Bias: Neutral to bullish
Wait for confirmation at resistance for the next trade setup.
Trade active
snapshot

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.