š¢ $BNB
USDT BULLISH REVERSAL LOADING ā BUYERS PREPARING FOR A COMEBACK
The recent sharp sell-off on BNBUSDT has found support near the $643-$645 zone, creating a potential base for an upward reversal. Currently trading at $647.41, price is consolidating after the breakdown, indicating that bulls may step in soon for a corrective move.
š KEY LEVELS:
Support: $643 ā $645 (strong intraday support zone)
Resistance: $652 ā $658 (first resistance at $652, major resistance at $658)
š TRADE SETUP (LONG):
Entry: $646 ā $648
Take Profit 1 (TP1): $652
Take Profit 2 (TP2): $658
Stop Loss (SL): $643
š” MARKET OUTLOOK: BNB is showing early signs of bottoming out on the 1H timeframe after a strong bearish leg. If it holds above $645, a quick push towards $652 and potentially $658 is likely as buyers regain confidence.
ā ļø RISK MANAGEMENT: Always risk only 1-2% of your capital per trade. Stick to your stop loss with discipline to survive any unexpected volatility.
buy and trade here on $BNB
š¬ Do you think BNB will break above $658 this week? Comment your analysis below!