🚀 $BNB /USDT – Impulsive Bullish Breakout Above $800 📈
Great news for BNB holders! The price has just strongly surpassed the psychological resistance of $800, reaching a high of $803.91 in a bullish move of +4.8%.
This breakout is especially relevant after multiple previous rejections in the $780–$795 range, confirming the strength of buyers and suggesting a continuation of the bullish momentum.
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📈 Entry Zone (LONG):
🔹 $785 – $800 (Retest area of the breakout, ideal for seeking buying opportunities with good risk/reward).
🎯 Take Profit Targets (TP):
1️⃣ $825 (First nearby target, intermediate resistance).
2️⃣ $845 (Previous liquidity zone).
3️⃣ $865 (Next key level before new highs).
4️⃣ $890 (Profit-taking area at historical resistance).
5️⃣ $920+ (Final target if the momentum remains strong).
🛑 Stop-Loss (SL):
🔻 $772 (Below the last consolidation to protect the trade in case of a false breakout).
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📊 Technical Analysis:
✅ Bullish 1H candles with high volume, confirming buying strength.
✅ Clear breakout after a long consolidation at $745–$780, indicating prior accumulation.
✅ BNB's momentum could extend as long as $BTC holds support above $117K, avoiding a widespread correction scenario.
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📝 Key Observation:
If BNB manages to hold above $800 in the coming candles, this level could become a new solid support, opening the door to more ambitious targets in the short and medium term.
🔔 Stay alert!
Any close below $772 would temporarily invalidate the bullish scenario.