$BNB /USDT – Bullish Breakout Setup
A short liquidation at $884.42 ($4.18K) highlights strong seller exhaustion, often a clear signal that bullish momentum is building.
Key Levels
Support: $885 – $870
Breakout Zone: $900 – $915
Resistance: $945 – $980
Trade Setup (Long Bias)
Entry: Hold above $885, or confirmed break & acceptance over $915
Targets:
TP1: $945
TP2: $980
TP3: $1,030
Stop Loss: Below $865
Market Sentiment
Short squeeze has reduced selling pressure and shifted control to buyers. Sustained strength above the breakout zone with volume favors bullish continuation toward higher liquidity levels.
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BNB
601.63
-2.54%