Everyone is staring at the LONG $BNB/USDT order—I, however, am paying attention to the “support zone” on the 4H chart. Trading plan
$BNB - LONG
:
Entry price: 602.11 – 603.37
SL: 597.69
TP1: 606.53
TP2: 609.06
TP3: 612.84
Why choose this setup?
Price is holding around the 602–603 area, indicating that buying pressure is still defending this short-term support zone. The overall trend hasn’t broken out strongly, but the 4H timeframe is slightly tilted toward LONG with recovery momentum. The recent pullback swings have been rather shallow, suggesting the selling side hasn’t built enough pressure to break the short-term bullish structure. TP1 at 606.53 is only about 0.5–0.6% away, showing this is a fast reaction zone if the up-move continues. SL at 597.69 keeps risk controlled (~1%), suitable for a short-term rebound setup.
Discussion:
Does BNB have enough power to extend the uptrend toward 612.84, or is this only a technical rebound before returning to test the 597 zone? What price level do you think would invalidate this LONG scenario?
Click here to trade 👇️
$BNB - LONG
:
Entry price: 602.11 – 603.37
SL: 597.69
TP1: 606.53
TP2: 609.06
TP3: 612.84
Why choose this setup?
Price is holding around the 602–603 area, indicating that buying pressure is still defending this short-term support zone. The overall trend hasn’t broken out strongly, but the 4H timeframe is slightly tilted toward LONG with recovery momentum. The recent pullback swings have been rather shallow, suggesting the selling side hasn’t built enough pressure to break the short-term bullish structure. TP1 at 606.53 is only about 0.5–0.6% away, showing this is a fast reaction zone if the up-move continues. SL at 597.69 keeps risk controlled (~1%), suitable for a short-term rebound setup.
Discussion:
Does BNB have enough power to extend the uptrend toward 612.84, or is this only a technical rebound before returning to test the 597 zone? What price level do you think would invalidate this LONG scenario?
Click here to trade 👇️