💼 Potential Trade on BNB/USDT
📍 Current Price: $764.50
📊 Setup Type: 4H resistance breakout
🕐 Timeframe: Short to Medium Term
📥 Entry Zone:
✅ Entry: Upon a clear breakout above $770 on the 4H chart with strong candle + volume confirmation
🛡️ Stop Loss:
❌ Below $743
(Just under the current triangle support and local lows)
🎯 Profit Targets:
🎯 Target 1: $800 — Psychological level + recent supply
🎯 Target 2: $842 — Previous top + key monthly resistance
🎯 Target 3: $880–$900 — Fibonacci extension zone + institutional interest
⚖️ Risk-to-Reward Ratio (RRR):
Entry at: $771
SL at: $743
Target 1 → 1:1
Target 2 → 2.5:1
Target 3 → 3.9:1 ✅
🧠 Key Notes:
Don’t enter early — wait for a strong close above $770
Volume is key — low volume = false breakout risk
If price closes below $740, the bullish setup is invalidated