USDT – The Recovery Continues After the Support Pullback
BNB is trading at $768.71, up +1.21%, after recovering from the 24H low of $752.22. On the 15-minute chart, the price surpassed the Parabolic SAR indicator (SAR = $764.63), suggesting that momentum is shifting in favor of buyers.
🔍 Key Observations:
Bullish Reversal: A clear higher low formed near $752, followed by higher highs — a bullish pattern.
Resistance Zone: The price briefly touched $773.25 before pulling back. This is the next level to break for a continuation of the uptrend.
Support: Strong short-term support is now around $764 – $765, just above the Parabolic SAR line.
Volume: Increasing volume supports the continuation of this movement.
📈 Trading Setup (Scalp for Intraday):
Entry: $766 – $769
Stop Loss: Below $760
Target 1: $773
Target 2: $778
Target 3: $785
If the price remains above $765, bulls could drive a new test of the daily high at $785. Use a tight SL for volatility.
BNB
774.02
+0.71%
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