💥 $BNB /USDT – Strong Rejection Recovery & Bullish Retest in Play! 🔥
Current Price: $660.66 (+0.12%)
$BNB is showing signs of strength after bouncing cleanly from the $657.50 demand zone. Despite a temporary dip below mid-range support, bulls quickly reclaimed the level — a classic bullish flip. Price is now consolidating near resistance, which often precedes a breakout move when momentum supports the setup.
📊 Trade Setup:
• Entry Zone: $660.10 – $660.90 (current price)
• 🎯 TP1: $664.00
• 🎯 TP2: $666.80
• Stop Loss: Below $657.00 (recommended for structure protection)
⚡ Technical View:
The 15m and 1H charts show a clean reclaim and consolidation at key structure. Volume is stabilizing and momentum indicators point toward a short-term upside continuation.
🛡 Risk Note:
A close below $657.00 could invalidate the bullish thesis. Keep risk tight and adjust sizing accordingly.
🔄 Strategy Breakdown:
This setup follows a fakeout recovery + retest model, where price dips below structure but quickly rebounds and holds. The current zone offers an ideal R:R for short-term bulls looking to ride the next leg.
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