$BNB /USDT – BULLS SHOW SIGNS OF LIFE AS PRICE REBOUNDS FROM KEY SUPPORT!
BNB has bounced from the $1,062 support zone and is now trading near $1,069, showing early signs of a potential bullish reversal. The price has reclaimed the MA(7) at $1,067, indicating short-term momentum might shift upward if it sustains above this level. However, the broader trend remains under pressure as MA(25) and MA(99) hover above current prices. A breakout above $1,085 could confirm the start of a recovery phase toward $1,100+ levels.
🔹Trade Setup:
Entry (Long): $1,068 – $1,072
Target (TP): $1,085 / $1,098
Stop Loss (SL): $1,058
Market Outlook:
BNB is showing a bullish short-term recovery after testing strong support. If buying volume continues to build, the pair may attempt to retest resistance near $1,085–$1,100. Caution is advised, as failure to hold above $1,065 could bring bears back into play.
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