$BNB has already pushed toward $620, and I’m watching the next resistance around $630–$633 closely.
My trade plan is focused on the bullish continuation first, while keeping the larger downside scenario in mind.
Trade Setup — $BNB LONG
Entry Zone: $581–$586 after a confirmed pullback
Target 1: $630–$633
Target 2: $720–$726
Stop Loss: $565
Why this setup works: I’m looking for a pullback into the $581–$586 area to provide a better risk/reward entry rather than chasing the move near resistance. If buyers defend that zone, momentum could push toward $630 and potentially $720+.
If $565 breaks and holds below, I’m out and reassessing. The long-term bearish scenario remains possible, so I’m keeping risk controlled.
DYOR and manage your own risk.
$BNB
#USJulyCPI&PPIDueThisWeek #DogecoinLeadsMajorsUpNearly3% #CFTCOrdersKalshiToKeepOperating #KOSPIRisesNearly5%TriggersBuySideSidecar #SECMayUnveilTokenizedStockExemptionAsSoonAsFriday
My trade plan is focused on the bullish continuation first, while keeping the larger downside scenario in mind.
Trade Setup — $BNB LONG
Entry Zone: $581–$586 after a confirmed pullback
Target 1: $630–$633
Target 2: $720–$726
Stop Loss: $565
Why this setup works: I’m looking for a pullback into the $581–$586 area to provide a better risk/reward entry rather than chasing the move near resistance. If buyers defend that zone, momentum could push toward $630 and potentially $720+.
If $565 breaks and holds below, I’m out and reassessing. The long-term bearish scenario remains possible, so I’m keeping risk controlled.
DYOR and manage your own risk.
$BNB
#USJulyCPI&PPIDueThisWeek #DogecoinLeadsMajorsUpNearly3% #CFTCOrdersKalshiToKeepOperating #KOSPIRisesNearly5%TriggersBuySideSidecar #SECMayUnveilTokenizedStockExemptionAsSoonAsFriday