$BNB is showing a bullish short-term market structure on the 1H timeframe, forming higher highs and higher lows after a strong rebound from $705.86. Price is currently trading at $731.37, approaching the key resistance zone at $733.64; a confirmed breakout above this level could trigger further upside continuation, while $728.92 remains an important near-term support.
Trade Setup (Long) Entry: $729.50–$731.00 Targets: $733.50 / $736.00 / $740.00 Stop Loss: $727.50
Trade Setup (Short) Entry: $733.50–$735.00 (only after rejection) Targets: $729.00 / $725.00 Stop Loss: $736.50
Bias: Bullish above $728.92. A breakout above $733.64 strengthens continuation potential, while rejection may trigger a short-term pullback.
Trade Setup (Long) Entry: $729.50–$731.00 Targets: $733.50 / $736.00 / $740.00 Stop Loss: $727.50
Trade Setup (Short) Entry: $733.50–$735.00 (only after rejection) Targets: $729.00 / $725.00 Stop Loss: $736.50
Bias: Bullish above $728.92. A breakout above $733.64 strengthens continuation potential, while rejection may trigger a short-term pullback.