$BNB
/USDT Bulls Hold Firm as Price Strengthens Above $990 Support
The BNB/USDT pair continues to show solid bullish momentum, currently trading near $995 after successfully retesting and holding the key $980 support zone. On the 4-hour chart, the formation of higher lows indicates sustained buying pressure and growing confidence among bulls.
A decisive break above $1,010 could confirm the next bullish leg toward the $1,050ā$1,080 resistance region. Rising trading volume and a firm market structure further support the bullish outlook.
š¹ Trade Setup:
š¢ Long Entry: $990 ā $1,000
šÆ Targets (TP): $1,020 / $1,050 / $1,080
š Stop Loss (SL): $965
š¹ Market Outlook:
BNB remains technically robust, consolidating just below the key $1,000 psychological level. A strong breakout above $1,010 on increased volume could open the door to a move toward $1,100. However, if the price dips below $970, short-term profit-taking could occur before bulls regain momentum for the next upward push.