💰 WHEN TO TAKE PROFIT ON BNB 845$ – WHEN TO BUY BACK?
BNB has just touched the historical peak around 845 USDT. This is a very strong resistance zone on the weekly chart, so taking profit here is a reasonable decision. Now is the time to prepare a buy-back strategy.
🔍 First Buy-Back Zone
The 760 - 770 USDT zone is the nearest support on the H4 timeframe. If the price of BNB slightly adjusts and reacts well in this area, consider buying a small portion (about 20-30%) to maintain the position.
🎯 Main Buy Zone
The price range of 710 - 730 USDT is strong support on the daily chart, coinciding with the upward trend line from the beginning of 2024 to now. This is the most important zone, where you should accumulate the majority of the position (50-70%) if there are confirmation signals such as a hammer candle, increased volume, or bullish divergence.
🔻 Final Deep Accumulation Zone
In case the market adjusts more strongly, the 660 - 680 USDT zone will be hard support on the weekly chart. This is a zone where you might consider strongly accumulating the remaining portion, but it is also a zone where risk management should be handled carefully. If BNB breaks through this area, you should consider cutting losses.
📌 CONCLUSION
You have taken profit on BNB at 845$ – the historical peak, which is extremely reasonable.
The 710 - 730 USDT zone is where you should prioritize buying back most of the position.
You can split the order, probe first at 770, accumulate strongly at 730, and only add if it goes deeper.
You should set price alerts on Binance at the levels: 770, 730, 680 to not miss the opportunity to enter.