๐ $BNB LONG SETUP ๐
BNB is in an uptrend and is pulling back toward its moving-average support after the $793.52 high. I'm watching for a long on a dip into the support cluster, not chasing the current candle. ๐
Entry: $781 โ $786
TP1: $790
TP2: $793.50
TP3: $800
SL: $777
๐บ Why BNB is on watch:
Price is above the 7 MA ($786.20), 25 MA ($781.34) and 99 MA ($773.25), and all three slope up The structure shows higher lows after the $750.75 low, and the pullback from $793.52 is holding near the MA7 $793.52 is the recent high and the main resistance, with $800 as the extension target Momentum is stalling in a tight range just under resistance, so a dip entry offers better risk/reward than chasing
Not financial advice.$BNB
BNB is in an uptrend and is pulling back toward its moving-average support after the $793.52 high. I'm watching for a long on a dip into the support cluster, not chasing the current candle. ๐
Entry: $781 โ $786
TP1: $790
TP2: $793.50
TP3: $800
SL: $777
๐บ Why BNB is on watch:
Price is above the 7 MA ($786.20), 25 MA ($781.34) and 99 MA ($773.25), and all three slope up The structure shows higher lows after the $750.75 low, and the pullback from $793.52 is holding near the MA7 $793.52 is the recent high and the main resistance, with $800 as the extension target Momentum is stalling in a tight range just under resistance, so a dip entry offers better risk/reward than chasing
Not financial advice.$BNB
