🚀 BNB (Binance Coin) – Big Recovery Opportunity?
BNB is facing short-term selling pressure, but I am keeping it on my watchlist. The bigger trend could recover if buyers defend important support levels.
📊 BNB Trading Setup – BNB/USDT
Current reference price: Around $695
🟢 Buy Setup
- Entry zone: $679–$685 after bullish confirmation.
- Target 1: $701
- Target 2: $721
- Target 3: $758
🔴 Sell Setup
- If price breaks below $679 and confirms the breakdown, watch $662 as the next support.
🛑 Stop Loss: Below the entry zone's confirmed swing low.
Bullish Confirmation:
1. Strong H1 green candle close.
2. Increasing buying volume.
3. Breakout above $701.
4. Successful retest of resistance.
🔥 My Opinion: BNB is worth watching, but don't buy blindly. Let the market confirm the direction first.
Are you bullish or bearish on BNB?
#BNB #BinanceCoin #Crypto #Binance #trading
BNB is facing short-term selling pressure, but I am keeping it on my watchlist. The bigger trend could recover if buyers defend important support levels.
📊 BNB Trading Setup – BNB/USDT
Current reference price: Around $695
🟢 Buy Setup
- Entry zone: $679–$685 after bullish confirmation.
- Target 1: $701
- Target 2: $721
- Target 3: $758
🔴 Sell Setup
- If price breaks below $679 and confirms the breakdown, watch $662 as the next support.
🛑 Stop Loss: Below the entry zone's confirmed swing low.
Bullish Confirmation:
1. Strong H1 green candle close.
2. Increasing buying volume.
3. Breakout above $701.
4. Successful retest of resistance.
🔥 My Opinion: BNB is worth watching, but don't buy blindly. Let the market confirm the direction first.
Are you bullish or bearish on BNB?
#BNB #BinanceCoin #Crypto #Binance #trading