$BNB /USDT expected bullish breakout in the buy zone is in play!💯🔥
Binance Coin is currently trading at $599 after bouncing from a strong demand area near $595. The price structure shows a potential formation of a bullish W pattern, indicating strength and accumulation at support. A retest of the highlighted area could strengthen a strong breakout towards the target zone of $611-612.
Trade setup: $BNB
Long entry: $595 – $598
Take Profit (TP): $611 / $612
Stop Loss (SL): $591.50
Market outlook:
BNB shows resilience near a key support area, where buyers are defending the lows. If the price respects the bullish structure and the area holds, a momentum move towards resistance is expected. Traders should watch for a confirmation candle near $595 to $596 before entering.
Your step: Identify the area, trust the structure, and ride $BNB