$BNB 🔥 💪 BULLISH MOMENTUM 🔥 🔥

Token Overview

Current Price: ~$790.16 USDT

24h Volume: ~$166.35 million USDT

BNB continues to demonstrate strength, riding a rising channel and recently breaking through key resistance near $790–$800 .

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Fibonacci Retracement Setup

Using a swing low of $720 and a swing high of $860:

Fibonacci Level Approx. Price

23.6% $814

38.2% $778

50.0% $790

61.8% $802

78.6% $825

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Trading Strategy

1. Pullback Long (Preferred for conservative entry)

Entry Zone: $778 – $790 (38.2%–50% retracement)

Stop-Loss: Below $770

Targets:

T1: $814 (23.6% retracement)

T2: $860 (recent high / extension target)

T3: $900+ (psychological extensions)

Rationale: Price has held support in this zone within a rising channel .

Strategy Summary Table

Strategy Type Entry Zone Targets Stop-Loss

Pullback Long $778–$790 $814 → $860 → $900+ Below $770

Breakout Long > $860 $900 → $950 → $1,000 Below $790

Rejection Short Around $860 $800 → Lower Fib zones Above $870

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Risk Tips & Insights

Confirm entries with volume spikes and momentum indicators (e.g., RSI, MACD)

Combine Fib zones with channel support/resistance for stronger confirmations

Use proper position sizing — limit risk to 1–2% of capital per trade

Be mindful of volatility and macro factors like regulatory news or BNB staking initiatives

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