BNB is testing a bullish swing point around 311, holding above the recent swing low and eyeing the 38.2% retracement zone.
đą $BNB LONG đ
Entry $690.3490-$691.7310 | SL $670.3088 (-3.0%) | TP1 $701.4056 (+1.5%) | TP2 $725.5920 (+5.0%) | R/R 1:1.7 | Conf 64%
The market structure broke a higher low (CHoCH) and a fresh order block formed at 307, while a fairâvalue gap from 304â306 aligns perfectly with the order block, creating a POI. CVD spikes confirm buying pressure, reinforcing the bullish bias.
A 3.0% stop sits just below the FVG lower bound, making it relatively tight; with this tight stop a max of 5â10Ă leverage keeps risk under 1% of equity.
Consider taking half profit around the first target near 322 before letting the remainder run.
DYOR â this isn't financial advice, size your risk accordingly đ
$BNB #BNBUSDT #SMC #TradingSignals #Write2Earn
đą $BNB LONG đ
Entry $690.3490-$691.7310 | SL $670.3088 (-3.0%) | TP1 $701.4056 (+1.5%) | TP2 $725.5920 (+5.0%) | R/R 1:1.7 | Conf 64%
The market structure broke a higher low (CHoCH) and a fresh order block formed at 307, while a fairâvalue gap from 304â306 aligns perfectly with the order block, creating a POI. CVD spikes confirm buying pressure, reinforcing the bullish bias.
A 3.0% stop sits just below the FVG lower bound, making it relatively tight; with this tight stop a max of 5â10Ă leverage keeps risk under 1% of equity.
Consider taking half profit around the first target near 322 before letting the remainder run.
DYOR â this isn't financial advice, size your risk accordingly đ
$BNB #BNBUSDT #SMC #TradingSignals #Write2Earn