$BNB /USDT Perpetual Trade Setup shown in the chart:
š $BNB /USDT Perpetual ā Breakout in Motion!
Current Price: $599.10
Gain: +2.26%
Timeframe: 1H
Trade Type: Long Setup
Chart Tool Used: Risk-to-Reward Box (R:R visualization)
ā Trade Breakdown
Entry: Around $588.00 (Post-breakout zone)
Stop Loss: $578.81
Target 1 (TP1): $605.30
Target 2 (TP2): $608.50
š Risk-Reward Ratio: ~1:2+
š Technical Insights:
Price broke above major resistance and retested the zone ($584ā$586), confirming it as support.
Strong bullish momentum with clean higher highs and higher lows.
Volume spike supports the breakout.
Structure still intact unless price falls back below $584.
š” Pro Tip:
As long as BNB stays above $586ā$588, bulls are in control. A break above $605 could accelerate momentum toward $620+.
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