🤌 BNB: THE DOUBLE BOTTOM JUST FIRED
BNB/USDT on the 4H chart is showing a clean double-bottom structure. After defending the 705–710 area twice, buyers pushed through the 740 neckline and price is now around 752. The chart projects a measured move toward 780.
🎯 THE BREAKOUT MAP
Entry: 740–752
Invalidation: 705
TP1: 780
TP2: 800
TP3: 820
The shift is the neckline reclaim. The first bottom formed near 705, the second retest held around the same zone, and recovery has now broken above 740. That gives the move a defined structure instead of a random bounce.
🔥 THE TARGET IS ON THE CHART
The marked projection points toward 780, the first major objective. If BNB accepts above that level, continuation can extend toward the next resistance zones around 800 and 820.
The cleaner entry is not chasing the candle. A retest of 740–750 that holds as support would give the breakout stronger confirmation. If buyers defend the neckline, the double-bottom structure remains active.
⚠ WATCH THE NECKLINE
A rejection from 780 could produce a normal pullback toward 740. That does not automatically invalidate the pattern if the neckline holds. Losing 705, however, would break the double-bottom structure and put the recovery under pressure.
The setup is strongest while price remains above the neckline. Volume also expanded during the recovery, adding confirmation to the move. Until 780 is tested, the measured projection remains the key near-term objective.
💧 ST0Nfi uses a non-custodial model where users keep control of their assets while interacting with decentralized liquidity. Its ecosystem supports token swaps and liquidity provision without requiring users to deposit funds into a centralized exchange.
The sequence is simple: reclaim 740, defend it on a retest, then attack 780. Acceptance above 780 would shift attention toward higher resistance on the broader price scale.
NFA - DYOR
$BNB
BNB/USDT on the 4H chart is showing a clean double-bottom structure. After defending the 705–710 area twice, buyers pushed through the 740 neckline and price is now around 752. The chart projects a measured move toward 780.
🎯 THE BREAKOUT MAP
Entry: 740–752
Invalidation: 705
TP1: 780
TP2: 800
TP3: 820
The shift is the neckline reclaim. The first bottom formed near 705, the second retest held around the same zone, and recovery has now broken above 740. That gives the move a defined structure instead of a random bounce.
🔥 THE TARGET IS ON THE CHART
The marked projection points toward 780, the first major objective. If BNB accepts above that level, continuation can extend toward the next resistance zones around 800 and 820.
The cleaner entry is not chasing the candle. A retest of 740–750 that holds as support would give the breakout stronger confirmation. If buyers defend the neckline, the double-bottom structure remains active.
⚠ WATCH THE NECKLINE
A rejection from 780 could produce a normal pullback toward 740. That does not automatically invalidate the pattern if the neckline holds. Losing 705, however, would break the double-bottom structure and put the recovery under pressure.
The setup is strongest while price remains above the neckline. Volume also expanded during the recovery, adding confirmation to the move. Until 780 is tested, the measured projection remains the key near-term objective.
💧 ST0Nfi uses a non-custodial model where users keep control of their assets while interacting with decentralized liquidity. Its ecosystem supports token swaps and liquidity provision without requiring users to deposit funds into a centralized exchange.
The sequence is simple: reclaim 740, defend it on a retest, then attack 780. Acceptance above 780 would shift attention toward higher resistance on the broader price scale.
NFA - DYOR
$BNB
