$BNB
is showing strong bullish momentum here. Let me break this down for you:
š¹ Price Action
Current price: $873.97
24h Low: $818.57
24h High: $874.99
Daily gain: +4.65%
Recent low: $818.88, followed by a sharp rebound.
The chart shows a strong upward rally with multiple green candles and very little pullback.
š¹ Market Structure
Price broke above $865 resistance, now testing the $875 zone.
If it holds above $865ā870, momentum could push towards $890ā900 next.
Key support: $853ā855 and $840.
A rejection at $875 could bring a pullback towards $850ā855.
š¹ Trade Idea
Long Entry: On retest of $865ā870 support zone
Target 1: $890
Target 2: $900
Stop Loss: Below $853
š¹ Outlook
BNB is showing strong buyer dominance after reclaiming $850. Holding above $865 keeps momentum bullish, with potential continuation toward $900.
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