$BNB Momentum on the 4H chart is gradually rotating back to the upside 📊. After facing rejection near $640, price retraced into the $600 demand zone and immediately found support — a clear sign that buyers were waiting there 🛒. That reaction wasn’t random; it shows strong interest at lower levels.
The move back above $620 is important from a market psychology standpoint 🧠. When price dips, holds a major level, and then reclaims lost ground, it often signals that selling pressure is fading and confidence is returning to the bulls 🐂. Maintaining strength above $610 keeps the higher-low formation valid, which supports continuation toward the upside.
If price can confidently break and hold above $640, it may trigger fresh breakout entries and short liquidations ⚡. That liquidity could accelerate the move toward $680, and with sustained momentum, an extension toward $720 becomes a realistic expansion target 🚀.
$BNB Long Setup
🟢 Entry: $620 – $630
🛑 Stop Loss: $598
🎯 TP1: $650
🎯 TP2: $680
🎯 TP3: $720
The idea is built on defended support, structure recovery, and potential breakout pressure above $640. Stay disciplined and let momentum confirm the move 🔍📈
#bnb #BNB_Market_Update #BNBbull