$BNB /USDT BULL RUN CONTINUATION: SET FOR NEW HIGHS! (LONG TRADE SIGNAL)
Technical Analysis (15m Chart, Bollinger Bands):
The price is currently at \bm{\$1325.21} and is trading near the upper Bollinger Band \bm{(\$1340.22)}, having recently pulled back from an intraday high of \bm{\$1349.99}. The Middle Band (MB) is trending upwards at \bm{\$1295.42}, confirming a strong short-term uptrend. The recent pullback (red candle) is an attempt to test support, but the overall candle structure remains bullish, suggesting this is a brief consolidation before a potential continuation of the rally.
Trade Setup: Long Trade
• Entry: Aggressive entry on a break and hold above the recent swing high, or a conservative entry on a re-test of the Middle Band (MB) as support.
• Aggressive Entry: Above \bm{\$1330.00}
• Conservative Entry: Near \bm{\$1295.00 - \$1300.00} (MB Zone)
• TP1 (Target Profit 1): \bm{\$1350.00} (Re-test of recent high)
• TP2 (Target Profit 2): \bm{\$1380.00} (Extension target)
• SL (Stop Loss): A clean close below the Middle Band and the minor support at \bm{\$1294.01}.
• Stop Loss: Below \bm{\$1285.00}
Short Outlook of Market:
The 15-minute chart for \bm{$BNB /USDT} shows strong bullish momentum, evidenced by the price trading consistently above the Middle Band and the Upper Band expanding, indicating increasing volatility and a sustained upward trend. A small correction is in progress, which can be seen as a healthy re-accumulation phase before the next leg up. The market sentiment is strongly bullish in this timeframe.