That last ETH strategy followed the structure all the way through, and the profits are already pocketed. To be honest, there are undercurrents moving beneath the price action, but the disagreement is written into the wicks of every single candlestick. At this point, $BNB , what I see isn’t hesitation—it’s chips quietly changing hands. On the four-hour timeframe, after the price pulled back from above, it didn’t break down in a continuous way. Instead, it repeatedly closed with lower shadows in the lower range, which shows that every time the market probes lower, there’s buying support stepping in to absorb the sell pressure. In an uptrend, this kind of structure usually isn’t a turning-signal; it’s more like a washout during an advance. You can also see something from the volume: the few candles during the decline show shrinking volume, while during the rebound the volume isn’t exploding, but it certainly isn’t continuing to wither. Selling pressure is fading—this is what I want to see for the bulls.
As for the key levels: the lower range is the support zone I’m watching closely. It has been tested twice previously with pullbacks and confirmations—when price reached here, it was pulled back, indicating there’s capital willing to pick up there. A bit further down is the deeper defense level. As long as it isn’t broken decisively, the whole bullish structure remains intact. The short-term resistance above is near the previous high, where the prior surge peaked and then rolled over. If price can reclaim that area with volume, upside space will open up.
How do we calculate the risk-reward? Right now price is very close to the lower support, but still has room to reach the first target above; the second target is further out. Place the stop loss slightly below the support. With that setup, the long trade’s risk-reward is favorable.
I don’t like chasing in the middle of the range, but if price returns toward the support zone, that’s the place worth placing bets. Market sentiment is currently a bit cautious—many people panic when they see a pullback—but as long as the structure hasn’t broken, the pullback is giving you an opportunity for position. I prefer to build long positions in batches within the support range. If it breaks the defense level, I’ll admit fault and exit. The two upside targets can be taken in batches.
Don’t get shaken out of the train amid the disagreement. When the chart gives signals, be decisive.
🟢 Trade Direction: Go Long
📍 Entry Range: 765.1 – 770.1
🛑 Stop Loss: 757.1
🎯 Take Profit 1: 778.1
🎯 Take Profit 2: 782.1
Widen your horizon and observe the market’s subtlety.
Travel with Uncle Xiong—see gains and losses in the sky and on the ground.
#BNB
Click below to trade 👇
As for the key levels: the lower range is the support zone I’m watching closely. It has been tested twice previously with pullbacks and confirmations—when price reached here, it was pulled back, indicating there’s capital willing to pick up there. A bit further down is the deeper defense level. As long as it isn’t broken decisively, the whole bullish structure remains intact. The short-term resistance above is near the previous high, where the prior surge peaked and then rolled over. If price can reclaim that area with volume, upside space will open up.
How do we calculate the risk-reward? Right now price is very close to the lower support, but still has room to reach the first target above; the second target is further out. Place the stop loss slightly below the support. With that setup, the long trade’s risk-reward is favorable.
I don’t like chasing in the middle of the range, but if price returns toward the support zone, that’s the place worth placing bets. Market sentiment is currently a bit cautious—many people panic when they see a pullback—but as long as the structure hasn’t broken, the pullback is giving you an opportunity for position. I prefer to build long positions in batches within the support range. If it breaks the defense level, I’ll admit fault and exit. The two upside targets can be taken in batches.
Don’t get shaken out of the train amid the disagreement. When the chart gives signals, be decisive.
🟢 Trade Direction: Go Long
📍 Entry Range: 765.1 – 770.1
🛑 Stop Loss: 757.1
🎯 Take Profit 1: 778.1
🎯 Take Profit 2: 782.1
Widen your horizon and observe the market’s subtlety.
Travel with Uncle Xiong—see gains and losses in the sky and on the ground.
#BNB
Click below to trade 👇