# FxWirePro- BNBUSD Daily Outlook By Sheena Jordan Canonical URL: https://www.tokenpost.com/news/investing/13432 Published: 2024-11-19T02:27:16.000Z Updated: 2024-11-19T02:27:16.000Z Section: Investing > And The BNB/USD pair has been consolidating between $667 and $599.30 for the past four days. It is currently trading around $622.40. A closing price below $585 confirms further bearishness. And The BNB/USD pair has been consolidating between $667 and $599.30 for the past four days. It is currently trading around $622.40. A closing price below $585 confirms further bearishness. Intraday bias remains bullish, with prices staying above the 34 and 55 EMA on the 4-hour chart. If the pair closes below $585, potentially leading to further declines towards $559,$545, $528, $500, and possibly down to $470. Immediate Resistance is at $670. A successful breakout above this resistance could suggest bullish momentum, with further gains possible towards $700/$725. Indicators (4-Hour Chart) - Directional Movement Index: Neutral - CCI (50): Bearish Trading Strategy Consider buying on dips around $600, with a stop-loss set at $550 and a target price of $700/$725. [TokenPost]() | info@tokenpost.com ## Links in this article - [TokenPost](https://www.tokenpost.com)