$BNB Trade Setup: Relative Strength Play 🎯
While $BTC chops near $80.5K, $BNB showed clean resilience, defending the $718 demand zone with an aggressive 4H wick reclaim.
Multi-timeframe structure remains constructive above key support:
• Entry Zone: $730 - $735
• Target 1: $748 (recent range high)
• Target 2: $760 (breakout extension)
• Stop Loss: $716 (invalidation below 4H low)
• R:R: ~1:2.3
Execution tip: Take partial profits at T1 given broader market headwinds.
Holding or waiting for a retest?
#BNB #CryptoTrading #TradingSetup
While $BTC chops near $80.5K, $BNB showed clean resilience, defending the $718 demand zone with an aggressive 4H wick reclaim.
Multi-timeframe structure remains constructive above key support:
• Entry Zone: $730 - $735
• Target 1: $748 (recent range high)
• Target 2: $760 (breakout extension)
• Stop Loss: $716 (invalidation below 4H low)
• R:R: ~1:2.3
Execution tip: Take partial profits at T1 given broader market headwinds.
Holding or waiting for a retest?
#BNB #CryptoTrading #TradingSetup