🔥 $BNB /USDT – Tight Range Compression, Breakout Setup Imminent!
Momentum Analysis: BNB is consolidating just below resistance at $661.42, currently priced at $653.94 (-0.02%), with declining volatility suggesting a potential squeeze. Volume sits at 111,998.92 BNB (~$73.5M USDT), signaling trader interest remains high.
Long Setup:
Entry Zone: $652 – $655
Targets:
T1: $661 (24h high / upper range resistance)
T2: $668 (minor breakout zone)
T3: $680 (bullish continuation target)
Stop Loss: $645 (below support range)
Breakout Confirmation Level: $662 (bullish candle close above + volume)
Key Support: $645 and $641
Pro Tip: A decisive move above $662 with volume >130K BNB could trigger a breakout run. Watch for wicks into $661–$662 and fade traps with caution. Compression patterns like this often precede volatile expansions.