$BNB
BNB/USDT - Buy Signal (Bounce from Multiple Support)
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▶ Entry: 849 - 852
✅ Take Profit 1: 866
✅ Take Profit 2: 880
⛔ Stop Loss: 845
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📊 Multiple Timeframe Analysis:
· 4H: Bullish Trend (price above EMA 200) with EMA 50 support test (855.35)
· 1H: Bounce from support area 849 (EMA 21) with improvement in MACD
· 15M: Potential bottom formation with RSI 7 at 64.77 (bullish momentum)
🎯 Entry Catalyst:
· Price bounce from multiple support area 849-852
· Improvement in MACD indicator on 1H timeframe (2.13)
⚠️ Alternative Scenario (Sell):
If price breaks 845 ⇒ targets 829 (strong support on 4H)
📈 Summary:
Buy from current levels towards 880 while monitoring resistance test at 866.
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Note:
· Risk/Reward Ratio: 1:2.1
· Live monitoring of Bitcoin performance for any impact on BNB
· Trade suitable for day trading on 15-minute timeframe