$BNB is going through a healthy dip, and I see this as an opportunity rather than a weakness. After failing to hold above $1,020, price retested the $997 area. Moves like this usually clear liquidity and often set up a bounce. I’m approaching this with a defined plan.
My $BNB Trade Setup
Entry Zone: Looking to enter between $998 – $1002, an area showing strong demand after today’s pullback.
Targets:
First target: $1,025
Second target: $1,040
Extended target if momentum builds: $1,060+
Stop Loss: Below $990, since a break under that would weaken the structure.
Why I Like This Setup
BNB has shown strength on higher timeframes (90 days +54%, 180 days +60%, 1 year +64%). This drop looks like a short-term correction within a strong trend. As long as $990 holds, buyers stay in control and the upside remains open.
I believe this dip is shaking out weak hands before the next move higher, so I’m stepping in now rather than waiting for confirmation.
👉 Ready to trade $BNB .