please follow back

$BNB already did the damage. Price dropped sharply, swept the lows near 846, and sellers failed to push further. That tells me the panic move is likely done. I’m seeing strong downside expansion followed by stabilization, which usually comes right before a reaction leg. This is why $BNB is on my radar.

Market read.
I’m focused on the intraday structure. After the heavy selloff, BNB printed a clean liquidity grab at the bottom. Since then, price reclaimed above the sweep and started ranging. That’s not bearish continuation, that’s absorption. Sellers pushed hard and lost control. Buyers are stepping in quietly while volatility cools down.

Entry point.
Primary entry zone
848 to 854

This zone sits right above the liquidity sweep. As long as price holds here, downside risk stays limited. I’m comfortable building positions inside this range.

Target points.
TP1
860

TP2
872

TP3
890

These levels align with prior intraday highs and rejection zones. If momentum expands, price usually rotates back into these areas.

Stop loss.
840

If price breaks and holds below the sweep low, the setup is invalid. I’m out without hesitation.

How it’s possible.
This setup works because weak hands already sold into fear. Liquidity was taken below, structure stabilized, and price is now accepted above the danger zone. If buyers keep defending this base, even a small push can trigger a clean relief move. I’m not expecting anything crazy, just a rotation back toward fair value.

I’m calm here. Risk is clear. Structure makes sense.

Let’s go and Trade now $BNB