Yes, based on this chart the BNB/USDT setup looks bullish, but the price has already extended quite a lot in the short term. Binance’s live page is showing $BNB
around $671.25, whereas in your screenshot it was $669.58, with a 24h high of $673.73 and a low of $630.35.
📈 BNB/USDT — 24H Trade Setup
Current: ~$671
24H High: $673.73
24H Low: $630.35
Bias: 🟢 Bullish
Preferred LONG entry: $655–$662 on a pullback
Stop Loss: $642
TP1: $674
TP2: $685
TP3: $700
Breakout setup: If BNB closes on 1D/4H above $674–$675 with strong volume, then a breakout long can be considered, with $665 invalidation.
On the chart, EMA(7) is ~633.7, EMA(25) is ~607.9, and Supertrend is ~616.1, meaning the trend structure is bullish. But the price is also above the Bollinger upper band (~649), so waiting for a pullback instead of entering out of FOMO at the current price offers comparatively better risk/reward.
BNB has shown strong momentum in recent sessions; daily gains were also recorded on Aug 19 and Aug 20.
24-hour view:
Bullish above $650 → $674 breakout → $685–700 possible.
If $650 is lost, momentum may cool down, and the $640–630 zone could be retested.
⚠️ Risk: keep leverage low and risk only a small portion of your per-trade capital. This is a technical setup, not a guaranteed signal.
around $671.25, whereas in your screenshot it was $669.58, with a 24h high of $673.73 and a low of $630.35.
📈 BNB/USDT — 24H Trade Setup
Current: ~$671
24H High: $673.73
24H Low: $630.35
Bias: 🟢 Bullish
Preferred LONG entry: $655–$662 on a pullback
Stop Loss: $642
TP1: $674
TP2: $685
TP3: $700
Breakout setup: If BNB closes on 1D/4H above $674–$675 with strong volume, then a breakout long can be considered, with $665 invalidation.
On the chart, EMA(7) is ~633.7, EMA(25) is ~607.9, and Supertrend is ~616.1, meaning the trend structure is bullish. But the price is also above the Bollinger upper band (~649), so waiting for a pullback instead of entering out of FOMO at the current price offers comparatively better risk/reward.
BNB has shown strong momentum in recent sessions; daily gains were also recorded on Aug 19 and Aug 20.
24-hour view:
Bullish above $650 → $674 breakout → $685–700 possible.
If $650 is lost, momentum may cool down, and the $640–630 zone could be retested.
⚠️ Risk: keep leverage low and risk only a small portion of your per-trade capital. This is a technical setup, not a guaranteed signal.