$BNB Market Trend: Bullish, Consolidating After Gains
Trade Signal
Entry 1: $808.00 (Current zone - for continuation if it holds)
Entry 2: $806.00 (Buy on pullback towards the middle band)
TP1: $810.00
TP2: $812.00
TP3: $814.00
TP4: $816.00
Stop-Loss: $804.00 (Below recent strong support)
Why This Trade?
BNB has shown a clear upward trend, consistently maintaining its price above the middle Bollinger Band. The bands have expanded upwards, indicating strong bullish momentum. The current slight pullback is a healthy correction after recent gains, suggesting it might be preparing for another move higher.
Support & Resistance Levels
Support: $806.00 • $804.00 • $802.00
Resistance: $810.00 • $812.00 • $814.00
Market Update for BNB (BNB)
BNB is currently displaying positive momentum, with prices consolidating after a period of gains. Volume is moderate, indicating some continued buyer interest. The overall market sentiment for BNB is bullish, with traders anticipating further upward movement if current support levels hold.
