### 🪙 \$BNB / \$USDT – 1D Timeframe Analysis
📌 **CONSOLIDATION BETWEEN \$555 AND \$585**
BNB is trading in a tight range between the \$555 support and \$585 resistance. Price has tested both levels multiple times, indicating indecision and possible accumulation.
🔍 **Observations:**
* Candles show decreasing volatility with long wicks, suggesting rejection from extremes.
* A breakout above \$585 may lead to bullish continuation.
* A drop below \$555 could trigger a correction toward \$540.
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### 🔻 Trade Setup (if range breakout occurs):
**Bullish Scenario:**
* **Entry:** Above \$585
* **TP1:** \$600 | **TP2:** \$615
* **SL:** \$575
**Bearish Scenario:**
* **Entry:** Below \$555
* **TP1:** \$540 | **TP2:** \$525
* **SL:** \$565
📈 **Outlook:** Neutral to bullish bias. Breakout confirmation needed for directional move.