BNB/USDT 4H chart

As seen on the chart:
• a strong upward impulse from ~620 to 653,
• then a correction,
• and now respecting the upward trendline,
• plus a rebound right around:
• 637,
• trendline,
• local demand.

This is technically a good spot for bulls.

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Key Levels

Supports

🔴 637
The most important local support level right now.

🔴 629
If 637 breaks, a stronger reaction could occur here.

🔴 619
The limit of the entire short-term bullish structure.

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Resistances

🟢 653.7
The closest important resistance level.

🟢 666
A stronger target if it breaks 653.

🟢 676
Another supply/potential execution zone.

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Stochastic RSI

You have:
• a rebound from oversold territory,
• an upward crossover,
• momentum is starting to return.

This supports further upside movement in the short term.

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What I like

✅ Higher lows maintained
✅ Trendline respected
✅ Momentum is returning
✅ The correction was healthy, without panic selling
✅ The candles do not show aggressive supply

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What would be very bullish

If:
• it closes 4 hours above 653,
• with volume,
• and maintains the retest,

then:
🎯 666
then:
🎯 676

are very realistic.

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What would be bearish?

If:
• it loses 637,
• it closes several candles below the trendline,

then a possible:
• a sweep of 629,
• or even 619.