$BNB ๐ STRONG BULLISH MOMENTUM ๐
๐ Technical & Chart Overview
Trend & Indicators:
Short-term technicals show Buy signals across moving averages and oscillatorsโstrong bullish momentum ๐ .
Daily view shows a controlled consolidation after a recent bounce from the 605โ615 band .
**Support & Resistance Zones:**
Support:
**$64.00โ$64.50** โ recent intraday floor and short-term pivot
Deeper support: $62.50โ$63.00 โ 50โday MA and broader consolidation base
Resistance:
1. TP1: $67.50โ$68.00 โ upper consolidation boundary & daily MA zone
2. TP2: $70.00โ$72.00 โ round number, historic ceiling
3. TP3: $75.00+ โ next structure level if breakout succeeds .
๐ต Breakout Play
Entry: On a close above $68.00, accompanied by rising volume
Stop-Loss: Below $66.50 pivot
Targets: TP2 โ TP3
โ๏ธ Execution Plan
1. For dip buys, scale in near support.
2. For breakouts, wait for volume confirmation (>โฏ$50M).
3. Lock in profits at TP1, move stop to breakeven, and trail as price advances into higher targets.
โ Bottom Line
BNB is showing renewed bullish structure with solid support near $64โ$64.50 and upside momentum building through $68.00โ$70.00. You can choose a low-risk entry at support or wait for a breakout to ride the next wave.
Entry: $64.00โ$64.50 or >โฏ$68.00 on breakout
Stop: < $63.80 or < $66.50 respectively
Targets: $67.50 โ $70.00โ$72.00 โ $75.00+
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๐ Disclaimer
This is educational only, not financial advice. BNB is volatile. Always DYOR, set stop-losses, and size positions responsibly.
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