$BNB /USDT

BNB/USDT Trade Setup – Range Compression Near Resistance

Current Price: $645.49

24H Range:

High: $648.44

Low: $642.47

24H Change: +0.15%

Volume (BNB): ~58,000

Volume (USDT): ~$37.65M

Market Context

BNB is trading close to 24H high, showing slight upward bias.

Very tight intraday range (~$6) → Possible volatility expansion ahead.

Major resistance above: $652–$655 zone (per depth chart).

Support forming around $632–$642 range.

📈 Trade Strategy 1 – Breakout Long

Entry:

Above $648.50 (24H high breakout confirmation)

✅ Suggested entry: $649–$651

Stop-Loss:

Below current structure support

✅ SL: $640

Targets:

TP1: $655.00 (depth chart resistance)

TP2: $664.00 (swing resistance zone)

TP3 (optional): $675–$680 (multi-week resistance)

📉 Trade Strategy 2 – Pullback Buy (Range Support)

Entry Zone:

$632.50–$635.00 (support zone from depth chart and recent lows)

SL:

Below $628

✅ Suggested SL: $625

Targets:

TP1: $645

TP2: $652

TP3: $660 (if breakout follows)

📊 Key Technical Levels

LevelType$648.50Immediate Resistance (24H High)$655.00Depth Resistance$642.00Local Support$632.00Strong Support$625.00Stop Zone Below Support

🔄 Suggested Indicators

RSI 1H/4H: Watch for >70 to avoid overbought entry

Bollinger Bands: Currently tight → volatility likely

MACD: Bullish crossover on 1H or 4H confirms entry strength

⚠️ Risk Management

BTC influence is strong; a sharp BTC drop could invalidate the setup.

Keep risk per trade below 1–2% of capital.

Watch for false breakouts in a tight range like this — confirm with volume!

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