BNB looks poised for liftoff! Using a 1533âday flag accumulation and Fibonacci extensions, your TradingView setup shows a setup ripe for a breakout that could challenge all-time highsâand beyond. Letâs unpack it Binance Square style. đ
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đ Chart Breakdown: Flag + Fibonacci Combo
Longâterm flag: A massive horizontal consolidation (~4+ years) that builds energy for explosive moves. Breaking above the flagâs upper boundary near $793 would signal a major trend shift .
Measured targets using Fib:
1.272 extension â ~$830
1.618 extension â ~$1,005
Final fractal projection â ~$1,379 .
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đ Recent Price Action & Key Metrics
All-time high sits around $793âŻUSDT; recent weekly close hit ~$756.82, a record high by itself .
Weekly OI surge to $1.05B suggests strong institutional participation .
Daily price range: $747â$780, with solid 7-day gains (~10%) .
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đ What Traders Should Monitor
1. Break above $793â$800: A monthly close here completes the wedge/flag patternâopening the path toward higher Fib targets .
2. Support zone: $742 weekly & $700â730 range act as early buy zones if pullback occurs .
3. Volume & OI: Rising volume along with breakout validates the moveâwatch weekly closes and derivatives data .
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đŻ Targets & Scenarios
Scenario Target Range
Measured Fib targets $830 â $1,005 â $1,379
Short-term breakout $820â850 (near 1.272 Fib)
Medium-term rally $1,000+ (1.618 Fib), then potential $1,300+
These align with the Fibonacci structure and multi-year flag breakout .
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đ SquareâStyle Trading Tips
Share your BNB chart: Tag your flag breakout, Fib levels, EMA support, and volume insights.
Ask creators: What do verified analysts say about OI and derivative signals?
Manage risk: Use entries, stop-loss near $742/700, and profit zones aligned with Fib targets.
Stay transparent & respectful: No hypeâcite your tools and show your logic.
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đĄ Final Take
BNB is building serious momentumâfuelled by a long-term bull pattern and strong Fibonacci signals. A sustained close above $793 could light up targets from ~$830 to $1,379! Track price + volume behavior closely, print your setups, and let's grow together!
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Educational community content only, not financial advice. DYOR and trade smart! đ
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