๐ฅ BNB/USDT Trade Setup โ Eyeing the Next Breakout! ๐ฅ
๐ Current Price: 784.23 USDT
๐ Timeframe: 5-Minute Chart
๐น Exchange: Binance
BNB is currently showing strong bullish momentum after bouncing from the 776 support zone and forming a clean higher low structure. The bulls reclaimed control around the 782 level and are now eyeing a potential breakout above the previous high near 786.50.
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๐ Technical Insights:
๐ MACD Crossover on the bullish side โ momentum is building!
๐ Volume is gradually increasing, confirming the buying pressure.
๐ Structure: Higher lows & higher highs = bullish microtrend.
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๐ง Trade Plan:
๐ Long Entry: Above 785.50 confirmation candle close
๐ฏ Targets:
1๏ธโฃ TP1 โ 790
2๏ธโฃ TP2 โ 794
3๏ธโฃ TP3 โ 800 (psychological resistance)
๐ก๏ธ Stop-Loss: Below 781 (recent minor swing low)
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๐จ Risk Management: Use 1-2% of your capital. Adjust lot size based on volatility. Avoid entering during sharp spikes.
๐ฌ Whatโs your move? Long or waiting for the retest?
๐ Drop your thoughts below and donโt forget to Like โค๏ธ, Follow ๐, and Keep Supporting ๐ฅ
#PriceAction #bnb #BNB_Market_Update #TradingSignals #TradingStrategies๐ผ๐ฐ
