They're calling the bottom, but $BNB/USDT's chart tells a different, more constructive story.
$BNB - LONG
Trade Plan:
Entry: 609.00 – 612.50
SL: 598.00
TP1: 619.90
TP2: 627.00
TP3: 635.00
Why this setup?
1H setup is ARMED for a long. Price has defended the critical 24h low at 598.60 with a strong green candle recovery, now consolidating above MA7 (607.46) and showing higher lows. RSI(6) at 54.07 remains in healthy neutral territory with room to run, while volume is picking up on bullish candles. The optimal entry zone (609.00 – 612.50) is active right now — just below the recent swing high and MA25 (610.48) — targeting the 24h high at TP1 first with excellent risk-reward.
Debate:
Is this the start of a solid recovery leg toward MA200 (624.05) and beyond, or will we see one final liquidity grab below 605 before the real upside?
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