$BNB Today's $BNB/USDT Scalp Play: Riding the Tight Range Breakout

• Trade Style: High-Frequency Scalping

• Trade Direction: Long (Breakout) / Short (Rejection)

• Entry Zone: $605.00 - $608.50 (Long if bullish breakout above $609.07; Short if rejection at $609 with bearish reversal candle).

• Immediate Stop-Loss:

• Long: $598.50 (below 24h low).

• Short: $611.00 (above recent swing high).

• Take-Profit Zones:

• Target 1: $615.00 (Long) / $597.00 (Short).

• Target 2: $620.00 (Long) / $592.00 (Short).

• Risk/Reward Ratio: 1:2+ (e.g., $5 risk vs $10+ reward).

• Max Holding Time: 2-4 hours.

• Scalp Strategy Explanation: Trade hinges on a range breakout/retest setup. BNB is consolidating near the 24h high ($609.07). A close above $609 with rising volume signals bullish momentum. Conversely, a rejection here (e.g., bearish pinbar) suggests a short opportunity.

• Confirmation Required:

• Volume Surge: >20% increase in 15m volume vs average.

• Candle Structure: Breakout candle must close decisively beyond $609 (long) or show wicks/reversal patterns (short).

• Market Sentiment: Neutral-bullish but testing resistance. MA(20) fluctuates near price, indicating indecision. Strengthen above $609 may trigger FOMO.

• Caution Note: Invalidate long if price dips below $598.50 (24h low breached). Invalidate short if price sustains above $611. Cancel trade if volume dries up post-entry.

Execute only with strict risk management.