🔥 BNB/USDT – fiery candles indicating a very near explosion
📸 The picture doesn’t lie: BNB is now at $805 after a very strong daily candle… everything indicates that the whales have completed accumulation, and the explosion is imminent!
🔍 What do the candles say?
✅ The candle for today, July 23, closed strongly at $805 after touching $808.84 – almost a Marubozu candle (full body, no upper wick), which is a sign of buyer strength and absence of selling.
All previous candles are bullish and consecutive without deep corrections → a pattern known as 'Staircase Rally' = professional rise.
Moving averages (MA25 and MA99) are in a perfect position… the price is above them, and the gap is widening = very strong upward momentum.
📉 Volume:
Note that trading volume increased significantly with each breakout → this proves that the rise is supported by real buying, not just speculative fluctuations.
📌 General reading:
The price has exited the consolidation range ($740 – $770) and closed above $803 → this is a confirmed breakout.
If it closes above $810 in the next 24 hours, the next target for BNB could be very far away.
🎯 Smart trading plan:
Entry zone: $790 – $805 (support above the breakout)
Stop loss: $765
Next targets:
1️⃣ $840 (short-term resistance)
2️⃣ $920
3️⃣ $1200 (extended technical target from Fibonacci wave)
🧠 Advice for professionals:
Watch the behavior of the candles near $810 → if they continue to close without upper shadows and with volume support? The market is preparing for a historic breakout.