$BNB : SMART MONEY REVERSAL IN PLAY? BULLISH TARGETS OF $1,000–$2,000
#BNB has already broken the higher-timeframe (HTF) bullish CHoCH at $744.53, indicating a possible shift in market structure.
If the current high is confirmed as a Higher High (HH), we can expect a retracement toward the $600–$653 Higher Low (HL) zone.
Accumulation Zone: $600–$653: Bullish Order Flow + FVG Confluence. I’ll be watching this zone for possible accumulation, subject to bullish confirmation.
Bullish Targets: $1,000 → $1,500 → $2,000
My bias remains bullish above the next confirmed Higher Low (HL). However, I want to see a liquidity sweep, a lower-timeframe (LTF) MSS, and bullish displacement before considering an entry.
#BNB has already broken the higher-timeframe (HTF) bullish CHoCH at $744.53, indicating a possible shift in market structure.
If the current high is confirmed as a Higher High (HH), we can expect a retracement toward the $600–$653 Higher Low (HL) zone.
Accumulation Zone: $600–$653: Bullish Order Flow + FVG Confluence. I’ll be watching this zone for possible accumulation, subject to bullish confirmation.
Bullish Targets: $1,000 → $1,500 → $2,000
My bias remains bullish above the next confirmed Higher Low (HL). However, I want to see a liquidity sweep, a lower-timeframe (LTF) MSS, and bullish displacement before considering an entry.