$BTC #bnb #BTC #BNB_Market_Update #Binance
$ETH $BNB
As Binance Coin (BNB) gains bullish traction after weeks of consolidation, the current structure on the 4H chart shows signs of a trend reversal backed by strong volume and moving average alignment. Here's a breakdown of the market, key levels, and a precision entry plan for traders.
๐ Chart Summary (4H Timeframe)
Current Price: $660.90
Recent Low: $601.25 (June 24)
Bounce Strength: Over +9.93% from lows
Trend: Bullish continuation
MA Setup:
MA(7): 632.57 โ
MA(25): 631.81 โ
MA(99): 648.23 โ
Volume Profile: Rising on green candles = institutional interest
๐ Technical Insights
โ
Golden Cross Formation: Short MAs (7, 25) crossed above MA(99)
โ
Clean higher-highs and higher-lows
โ
Rejection zone at $674 tested, pullback respected
โ
Volume spike during breakout above $645
โ
Support reclaimed above all key moving averages
๐ฏ Strategy: Smart BNB Entry
๐ Ideal Entry Range:
๐น $655 โ $662 โ Perfect pullback entry near MA confluence
๐ง Entry Bias: Buy on dips toward 7 or 25 MA if retested
๐ Stop Loss:
๐ธ $645 (below structure + previous resistance)
๐ฏ Target 1: $674 (recent high)
๐ฏ Target 2: $689
๐ฏ Stretch Target: $710+ (if momentum continues)
๐งญ Where Is BNB Headed?
๐ Bullish Case:
If price holds $655โ$660 range, a retest of $674 and breakout above is highly likely. Market structure favors upside.
โ๏ธ Neutral Case:
Failure to break $674 quickly may lead to sideways chop between $645 โ $674, especially if BTC slows down.
๐ Bearish Case:
If BNB closes below $645 with high volume, expect pullback to $627 โ $615 zone.
๐ก Trading Notes
๐ Wait for clean retest or consolidation near $655โ$660 before jumping in.
๐ต๏ธโโ๏ธ Monitor BTCโs price movement โ strong correlation remains.
๐ Add confirmation with RSI or MACD crossover (not shown here).
๐ Always manage risk โ use SL & proper sizing.
๐ Risk Management Reminder
Risk โค 1.5% of capital per trade
Emotional entries lead to emotional exits. Stay mechanical, not magical.
โ Summary: #StrategyBNBPurchase
ZoneType$655 โ $662โ
Entry Zone$645โ Stop Loss$674๐ฏ Target 1$689๐ฏ Target 2$710+๐ Target 3 (stretch)
๐ Like this setup? Repost it.
๐ฌ Drop your BNB target in the comments!