Comprehensive analysis of BNB vs USDT on 4-hour frame:

I will rely on Japanese candlesticks in the analysis 〽️

• The current bullish candle looks strong, but you should be careful of potential resistance at the 99-candle moving average ($578.9) which may be a barrier to the continuation of the rise

Also at #WeAreAllSatoshi $BNB

4. Support and resistance levels:

• Support: There is strong support at $561, a level that is likely to provide a good rebound if the price drops to it.

• Resistance: There is strong resistance at $578.9 (99-candle moving average), and any break above this level with strong trading volume may push the price towards higher levels such as $591.9 or even $618.6.

Buy entry:

• Buy entry: If the price succeeds in crossing the 99-candle moving average ($578.9) and holds above it, a buy trade can be entered with the aim of reaching the $591 or even $618 levels.

• Stop loss: The stop loss can be placed at $561, which is a strong support level.

Sell entry:

• Sell entry: If the price fails to break the $578.9 level and starts to reverse, a sell trade can be considered with the target of the $561 levels.

Stop loss above 580

Summary:

• Buy: If the price breaks the $578.9 level and holds above it.

• Sell: If the price fails to break the $578.9 level or a bearish reversal appears.