$BNB
" Current BNB/USDT Market Structure (Simplified)"
"Timeframe" 4H/Daily (for reliability)
1. Trend Identification
Uptrend (Long Bias)
Higher highs (HH) + higher lows (HL) holding key support.
Downtrend (Short Bias)
Lower highs (LH) + lower lows (LL) breaking support.
"BNB’s Status"
Check if price is respecting key levels (e.g., $500 support, $600 resistance).
2. Key Levels
" Support "
$500–$520 (Break below → short opportunity).
"Resistance"
$580–$600 (Break above → long opportunity).
3. Momentum Indicators
RSI (14)
>50 + bullish trend: Favor longs.
<50 + rejection at resistance Favor shorts.
MACD
-Bullish crossover (above zero) Long signal.
- Bearish crossover (below zero) Short signal.
4. Volume & Breakouts
- High-volume breakout → Stronger confirmation.
- Low-volume retests → Potential fakeout.
5. Trade Setup Scenarios
Long Setup (If bullish)
Entry
$530–$550 (support bounce).
Target >> $580–$600.
Stop Loss >> Below $520.
Short Setup (If bearish)
Entry
$570–$580 (resistance rejection).
Target >> $500–$520.
Stop Loss >>Above $600