$BNB /USDT Strong Reversal Setup on Hourly Chart
$BNB has successfully held its ground above the critical support level near $1,143, forming a solid base for potential recovery. After testing this area twice, buyers are showing renewed strength as price stabilizes above the $1,200 mark. A confirmed breakout above $1,210 could trigger a bullish continuation toward higher resistance levels, marking this as a good opportunity for short-term traders.
Trade Setup:
Entry Zone: $1,200 – $1,210
Stop-Loss: $1,165
Take Profit Targets:
TP1: $1,235
TP2: $1,250
TP3: $1,270
Logic: Price is rebounding from key support with bullish confirmation ideal for a breakout trade continuation.
Signal Summary:
Bias: Bullish
Invalidation: Drop below $1,165
Strategy: Long on breakout above $1,210 and sustain momentum toward upper resistance
