Technical analysis by tradecitypro about Symbol BNB: Buy recommendation (4 hour ago)

👋 Welcome to TradeCity Pro! In this analysis, I’m going to review BNB, the official token of Binance Exchange, which currently holds the #3 spot on CoinMarketCap with a market capitalization of $188 billion. ⌛️ 4-Hour Timeframe On the 4-hour chart, after the broad market downturn, this coin managed to recover very well. Supported from the 1100 zone, BNB began to move upward again. 📊 A risky long trigger appeared on the lower timeframes around 1143, and if you entered based on that trigger, your position should now be sitting in good profit. 🎲 BNB has now broken through its all-time high after surpassing 1317, and the next corrective wave could potentially begin from here. ✔️ So far, the volume and momentum have both been strong, and there are no signs of weakness in the trend yet—meaning the upward movement can still continue. ✨ However, if this move turns out to be a fake breakout and the price stabilizes below 1317, BNB could enter a longer corrective phase. In that case, with confirmation of the fake breakout below 1317, a short position could also be considered. 📝 Final Thoughts Stay calm, trade wisely, and let's capture the market's best opportunities! This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️