🚀 BNB Technical Analysis: Trendline Breakout & Scalping Setup! 📊
BNB has broken a key trendline resistance on the 4H timeframe, signaling potential bullish momentum! Here’s a scalping setup to capitalize on the move:
📍 Entry: Current price (confirm breakout retest)
📉 Stop-Loss (SL): $570.21 (below structure support)
📈 Take-Profit (TP): $596.88 (next key resistance)
🔍 Market Structure: Break of trendline indicates shift in momentum.
📊 Volume Analysis: A spike in volume would confirm strong buyer interest.
🕰 Timeframe Consideration: 4H breakout aligns with intraday bullish bias.
⚠️ Risk Management: Always adjust position sizing and use proper risk-reward strategies!
Do you think BNB can hit our TP? Drop your thoughts below! 🚀🔥 #BNB #CryptoTrading #Scalping #TechnicalAnalysis