$BNB Today's Pro Trading Plan for $BNB/USDT - May 8, 2025
• Entry Zone:
• Conservative: Retest of MA(20) ($601.14) + 24h low confluence ($597.89). Buy zone: $601–$599.
• Aggressive: Breakout above 24h high ($612) with volume confirmation. Enter on pullback to $610–$612.
• Stop Loss:
• Below $597 (invalidates structure for conservative entry).
• Below $608 (false breakout invalidation for aggressive entry).
• Risk/Reward Ratio:
• Conservative entry: 1:3 (4.09 risk vs. 12.27 reward).
• Aggressive entry: 1:4 (4 risk vs. 16 reward).
• Profit Targets:
• T1: $612–$619.99 (intraday resistance).
• T2: $635.94 (MA(200) resistance, mid-term trend alignment).
• T3: $650 (measured move from recent swing low).
• Strategy:
• Price holds above MA(20), signaling short-term bullish bias. Anticipate retest of MA(20) as support or breakout above $612 (liquidation zone). Volume below MA(20) historical average suggests cautious momentum; confirm with spike on breakout. MA(200) at $635.94 remains key resistance.
• Market Sentiment:
• Neutral-bullish intraday. Traders eye MA(200) as trend-defining; sustained close above $612 may trigger FOMO. Weak volume warrants caution—bulls need conviction to overcome sell-side liquidity near $619.
• Invalidation/Caution:
• Close below $597 invalidates bullish structure (demand failure).
• False breakout below $608 signals trapped longs; reassess.
• Monitor volume divergence: Low vol at MA(200) retest implies potential reversal.
Execution: Prioritize T1 partial exit, trail SL to breakeven at T2. Adjust R/R dynamically if MA(200) stalls.