š BNB Technical Analysis: Trendline Breakout & Scalping Setup! š
BNB has broken a key trendline resistance on the 4H timeframe, signaling potential bullish momentum! Hereās a scalping setup to capitalize on the move:
š Entry: Current price (confirm breakout retest)
š Stop-Loss (SL): $570.21 (below structure support)
š Take-Profit (TP): $596.88 (next key resistance)
š Market Structure: Break of trendline indicates shift in momentum.
š Volume Analysis: A spike in volume would confirm strong buyer interest.
š° Timeframe Consideration: 4H breakout aligns with intraday bullish bias.
ā ļø Risk Management: Always adjust position sizing and use proper risk-reward strategies!
Do you think BNB can hit our TP? Drop your thoughts below! šš„ #BNB #CryptoTrading #Scalping #TechnicalAnalysis