BNB's 24-Hour High Reaches $728.53, Above $727.53 Chart Resistance

BNB's 24-hour high crossed $727.53 on Oct. 19, but the hourly chart setup requires a completed close above that level to confirm a short-term breakout.

BNB traded at $725.31 at 10:15 a.m. ET (14:15 UTC), up 1.33% over 24 hours. Its high for that period was $728.53. A trade above resistance during the day does not establish where an hourly candle closed.

The setup places its hourly pivot at $726.57. A completed hourly close above $727.53 would make $729.79, $731.95 and $732.55 the next chart levels to watch.

The daily chart showed a mixed picture. In its snapshot, BNB was below its 20-day exponential moving average (EMA) at $744.02 and 50-day EMA at $732.55, but above its 200-day EMA at $685.41. The daily relative strength index (RSI) was rising at 41.3.

An hourly close below $725.64 would weaken the short-term setup, with $723.19 and $721.77 as nearby downside levels. An hourly signal alone would not establish a change in the daily trend.