# FxWirePro- BNBUSD Daily Outlook By Sheena Jordan Canonical URL: https://www.tokenpost.com/news/investing/12935 Published: 2024-09-05T22:21:34.000Z Updated: 2024-09-05T22:21:34.000Z Section: Investing > Any close above $555 confirms intraday bullishness. Intraday bias - Bearish Horizontal trend line- $605 Any close above $555 confirms intraday bullishness. BNBUSD continues to trade weak after forming a minor top around $598.The pair is facing strong resistance near the 200-day EMA and is struggling to close above that level for the past three days. It hit a high of $538.70 on Tuesday and is currently trading around $504.30. The bullish invalidation can happen if the pair closes below $403 (Aug 5th low). On the lower side, the near-term support is $495. Any violation below confirms bearish continuation. A dip to $477/$450/$403 is possible. The immediate resistance stands at around $520.40 (200-day EMA). Any breach above confirms minor bullishness. A jump to $541/$553 is possible. Bullish continuation only if it breaks $553. A surge past $553 will take it to $605/$700. Indicators ( Daily chart) Directional movement index -Bearish CCI (50)- Bearish CCI(14)- Bearish It is good to buy above $553 with SL around $519 for TP of $700. [TokenPost]() | info@tokenpost.com ## Links in this article - [TokenPost](https://www.tokenpost.com)