BNB/USDT 4H Chart ReviewBinance Coin / TetherUSBINANCE:BNBUSDTcryptodailyukπ 1οΈβ£ Market Structure The price is moving in a wedge-shaped/expanding consolidation pattern: π» Upper trendline β slightly falling (around 640β645) πΊ Lower trendline β falling (around 575) Middle of the range: ~620β630 The market has been in a broad consolidation pattern around 570β650 for a while now. π§± 2οΈβ£ Key Levels π΄ Support: 621.5 β local reaction level (middle of the range) 598.6 β stronger support 577 β lower boundary of the structure π’ Resistance: 633β635 β local resistance 651.8 β key swing high 670 β strong supply zone 691 β HTF resistance π 3οΈβ£ Current Situation We had: A strong breakout to the upside Rejection at ~645 A pullback to ~633 This looks like: A test of the upper zone + a possible retest of the breakout Butβ¦ Until 651 is broken out with momentum and held, we are still in consolidation. π 4οΈβ£ RSI and Stoch RSI RSI ~60 β bulls have the upper hand, but no euphoria Stoch RSI in the upper zone β possible short-term cooldown So: π possible short-term pullback π medium-term still sideways π― Scenarios π’ Bullish (more aggressive) Condition: 4-hour close above 652 Retest as support Targets: 670 691 This would be a breakout from a multi-week structure. π΄ Bearish If: Price is rejected from 640β650 Falls below 621 Then: 598 577 And then we return to the lower boundary of the range.