Market Analysis: Short-Term Outlook
$BNB is showing strong evidence of a bullish reversal. The price successfully bounced off the key $1,081 support zone and has reclaimed the $1,090 level with consistent volume. Currently, it's consolidating just under the $1,097 resistance, which suggests accumulation is happening before a potential move higher. Momentum indicators point to increasing buying interest as bulls successfully establish higher lows, setting their sights on breaking past the psychological $1,100 level
📈 Bullish Trade Plan
Entry Range
$1,090 – $1,095
Target 1
$1,105
Target 2
$1,118
Target 3
$1,135
Stop Loss (SL)
$1,080

Technical Snapshot
Trend: Bullish Reversal in Progress
Key Resistance: $1,097 / $1,105 / $1,118
Key Support: $1,081 / $1,075
Volume: Rising (24h Vol: 124K BNB), confirming strong buyer conviction.
Momentum: RSI is climbing toward 60, reflecting sustained bullish strength.
Crucial Note: Maintaining a price above $1,095 is critical to confirm the next upward leg toward $1,120 and beyond. A drop below the $1,080 Stop Loss would cancel this bullish scenario and likely lead to a short-term correction.
