$BNB
Current Price: $850.62
š¼ 24h High: $861.10
š½ 24h Low: $793.40
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ā Buy Setup (Bullish Scenario)
š¹ Buy Entry: $852ā$855
Enter on minor pullback or breakout above $852.
Strong bullish momentum is visible after the breakout above $800ā$810.
Price is consolidating above $840, which can act as support.
š Stop-Loss: $838
Just below recent support level to protect capital.
Below previous minor consolidation zone.
šÆ Targets:
Target 1: $865 (Previous high + short-term breakout target)
Target 2: $875ā$880 (psychological resistance + round number)
ā Reason to Buy:
Strong uptrend and bullish structure with higher highs/lows.
Price action shows consolidation after a rally, indicating possible continuation.
Volume supports upside momentum.
Order book shows buying strength (90.79% buyers).
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ā Sell Setup (Bearish Scenario)
š¹ Sell Entry: $840 breakdown
If price drops below $840 with volume confirmation, trend reversal may begin.
š Stop-Loss: $852
Above recent highs of consolidation range.
šÆ Targets:
Target 1: $825
Target 2: $805 (previous demand/support zone)
ā Reason to Sell:
If price breaks below consolidation range, it may signal exhaustion.
Bearish divergence or volume drop could confirm selling pressure.
$861 may act as a double-top or short-term resistance if bulls fail to break higher.