BNB/USDT SPOT DEMAND ZONE BOUNCE
Pair: $BNB
Current Price: 763.7
Session Change: -1.38%
Timeframe: 15M
Market Overview
BNB is testing the 761.4 to 763.7 demand zone after falling from 784.5. Price remains below the MA structure, but selling volume is currently weak.
Technical Analysis
➜ MA7: 766.6 | MA14: 768.9 | MA28: 772.8
➜ Demand: 761.4 to 763.7
➜ Volume: 18.27K vs MA5 117.01K and MA10 85.42K
➜ Resistance: 766.6, 768.9, 772.8
Trade Scenarios
Bullish Case: Hold above 761.4 and reclaim 766.6, targeting 772.8 then 784.5.
Bearish Case: 15M close below 761.4 invalidates the long setup.
Risk Management
➜ Entry: 761.4 to 763.7 after confirmation
➜ Stop Loss: Below 761.4
➜ TP1: 766.6
➜ TP2: 772.8
➜ TP3: 784.5
➜ Leverage: 2x maximum
Final Verdict
BNB is at a key demand zone with weak selling volume. Watch 761.4 closely. A reclaim of 766.6 strengthens the bounce setup, while a close below 761.4 invalidates it.
#BinanceSquareFamily #BinanceSquareTalks #Binance
Pair: $BNB
Current Price: 763.7
Session Change: -1.38%
Timeframe: 15M
Market Overview
BNB is testing the 761.4 to 763.7 demand zone after falling from 784.5. Price remains below the MA structure, but selling volume is currently weak.
Technical Analysis
➜ MA7: 766.6 | MA14: 768.9 | MA28: 772.8
➜ Demand: 761.4 to 763.7
➜ Volume: 18.27K vs MA5 117.01K and MA10 85.42K
➜ Resistance: 766.6, 768.9, 772.8
Trade Scenarios
Bullish Case: Hold above 761.4 and reclaim 766.6, targeting 772.8 then 784.5.
Bearish Case: 15M close below 761.4 invalidates the long setup.
Risk Management
➜ Entry: 761.4 to 763.7 after confirmation
➜ Stop Loss: Below 761.4
➜ TP1: 766.6
➜ TP2: 772.8
➜ TP3: 784.5
➜ Leverage: 2x maximum
Final Verdict
BNB is at a key demand zone with weak selling volume. Watch 761.4 closely. A reclaim of 766.6 strengthens the bounce setup, while a close below 761.4 invalidates it.
#BinanceSquareFamily #BinanceSquareTalks #Binance
