$BNB Spot Trading Signal — BNB/USDT (15M Chart)
Market Overview
BNB spiked from $624 to a 24h high of $678.95 before retracing to $654.81. The consolidation above the average level (AVL: $654.43) suggests strength, with a bullish bias if price holds above support.
Trade Type: Spot
Entry Zone: $650 – $656
Current Market Price: $654.81
Targets:
TP1: $668
TP2: $678
TP3: $692
TP4: $710 (if continuation breakout confirms)
Stop Loss: $642 (below minor support and structure low)
Key Levels
Support: $645 / $631
Resistance: $678 / $692
24h Volume: 489,044 BNB — strong activity
Trend: Bullish retracement
Volatility: Moderate after spike — watch volume closely
Risk-Reward Ratio: ~1:1.5 to 1:3
Strategy: Accumulate in the $650–656 range with confirmation of bounce or breakout above $657.5.