BNB / USDT 4H Setup: Relief Bounce into 4 Supply & Rejection Path! 📊
​Hey Binance Square family! Let’s analyze the latest price action on the Binance Coin / USDT 4-Hour chart. BNB is currently trading around $712.79, showing a minor +1.26% recovery bounce as it attempts to correct from recent downside movement.
​Here is the complete technical breakdown and trade setup for the upcoming sessions:
​📉 Technical Analysis Breakdown
​Market Context: After taking a steep plunge below local support, BNB has printed a corrective relief bounce, consolidating underneath key institutional overhead resistance.
​Price Action Path: The chart maps out a short-term upward push to retest the major 4 Supply Zone ($740 – $760). Once price reaches this supply block, expect a strong rejection followed by an impulsive drop back down toward lower support.
​🎯 Trade Setup Parameters
​Asset / Pair: BNB / USDT (Binance 4H Chart)
​Position Type: Short 🔴 (Supply retest & rejection play)
​Entry Zone: $740.00 – $755.00 (Looking for short entries upon the sweep into the 4 Supply zone)
​Stop-Loss (SL): $765.00+ (Placed securely above the supply block to invalidate the setup if bulls break through)
​📉 Take-Profit (TP) Targets
​Target 1: ~$703.00 (Initial local pivot and support floor)
​Target 2: ~$669.00+ (Major downside extension target and liquidity sweep level)
​🤔 What do you think, Binance Square?
​Will BNB push up into the 4 Supply zone before rolling over toward $669, or are the buyers strong enough to break higher?
​Drop your thoughts and targets in the comments below! 👇💬
$BNB

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