$BNB 📅 THIS WEEK’S TRADING PLAN (10–16/08/2026)
Weekly bias: Range $584–$630 with an upward preference if BTC remains stable.
No FOMO—only trade on confirmation.
Main scenario (Bullish – prioritize monitoring)
• Conditions: Hold above $598–$600 and have a 4H/Daily close above $612.
• Entry:
• Pullback to $600–$605 (if volume does not surge strongly).
• Breakout retest at $612–$615.
• Target:
• TP1: $621
• TP2: $629–$630 (200 SMA)
• TP3: $645–$650 (if momentum is strong).
• Stop Loss: Below $591–$592 (or below the nearest low if the entry is a breakout).
• Minimum Risk/Reward: 1:2.
Bearish / Correction scenario
• Conditions: Failure at $612 + a close below $598 on increased volume.
• Action: Wait for price to return to $584–$588 or $575 to assess the reaction.
• Do not chase shorts if there is no clear structural breakdown.
Mandatory risk management
• Small sizing (0.5–1% of account/risk per trade).
• Prefer spot or low leverage (≤5x) since BNB has good liquidity but can still be volatile.
• Monitor BTC closely: If BTC loses $63.5k–$64k, reduce expectations for BNB.
• Do not hold overnight if price is near a major resistance level without confirmation.
Weekly bias: Range $584–$630 with an upward preference if BTC remains stable.
No FOMO—only trade on confirmation.
Main scenario (Bullish – prioritize monitoring)
• Conditions: Hold above $598–$600 and have a 4H/Daily close above $612.
• Entry:
• Pullback to $600–$605 (if volume does not surge strongly).
• Breakout retest at $612–$615.
• Target:
• TP1: $621
• TP2: $629–$630 (200 SMA)
• TP3: $645–$650 (if momentum is strong).
• Stop Loss: Below $591–$592 (or below the nearest low if the entry is a breakout).
• Minimum Risk/Reward: 1:2.
Bearish / Correction scenario
• Conditions: Failure at $612 + a close below $598 on increased volume.
• Action: Wait for price to return to $584–$588 or $575 to assess the reaction.
• Do not chase shorts if there is no clear structural breakdown.
Mandatory risk management
• Small sizing (0.5–1% of account/risk per trade).
• Prefer spot or low leverage (≤5x) since BNB has good liquidity but can still be volatile.
• Monitor BTC closely: If BTC loses $63.5k–$64k, reduce expectations for BNB.
• Do not hold overnight if price is near a major resistance level without confirmation.