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.