$BNB /USDT · Bias: LONG (V-Shape Recovery / Bullish Momentum)
Strong V-shape recovery from the 24h Low (760.72) with consistent bullish candle closes on the 15m chart! Buyers have reclaimed key short-term levels, setting up for a test of the 24h High (779.53) and an expansion toward overhead resistance! 🚀📈
Trade Setup:
Position: LONG $BNB
Entry Zone: 774.50 – 777.50 (Accumulating on minor dips or current momentum)
Stop Loss (SL): 768.50 (~0.8% – 1.2% risk; clean invalidation below the recent higher-low breakout level)
Take Profit Targets:
TP1: 779.53 (Retesting the 24h High liquidity pool)
TP2: 784.00 (Local range resistance level)
TP3: 790.00 (Upper resistance block from previous high)
TP4: 798.00 (Fibonacci extension target)
Strong V-shape recovery from the 24h Low (760.72) with consistent bullish candle closes on the 15m chart! Buyers have reclaimed key short-term levels, setting up for a test of the 24h High (779.53) and an expansion toward overhead resistance! 🚀📈
Trade Setup:
Position: LONG $BNB
Entry Zone: 774.50 – 777.50 (Accumulating on minor dips or current momentum)
Stop Loss (SL): 768.50 (~0.8% – 1.2% risk; clean invalidation below the recent higher-low breakout level)
Take Profit Targets:
TP1: 779.53 (Retesting the 24h High liquidity pool)
TP2: 784.00 (Local range resistance level)
TP3: 790.00 (Upper resistance block from previous high)
TP4: 798.00 (Fibonacci extension target)
