$BNB TECHNICAL ANALYSIS: BULLISH REBOUND FROM DEMAND ZONE 📉
The 4-hour chart for $BNB shows a strong technical recovery after retesting the primary demand zone. Similar to the structure seen in major pairs, BNB has established a "Triple Bottom" within the local support region, indicating that sellers have exhausted their momentum and institutional buyers are stepping in to defend the trend.
The price action is currently respecting the $904–$915 support floor, with long lower wicks signaling high demand at these levels. A sustained move above immediate local resistance will confirm the bullish continuation, aiming for the psychological $1,000+ milestones.
BULLISH ENTRY:
* Entry Zone: $904 – $920
BULLISH TARGETS (TP):
* Target 1: $925
* Target 2: $931
* Target 3: $960
STOP LOSS (SL):
* Level: $880
RISK MANAGEMENT:
Prioritize capital preservation by keeping your risk-to-reward ratio at 1:3. Limit your position size to 1-2% of your total wallet balance. To ensure a safe trade, move your Stop Loss to entry once Target 1 is hit and consider taking partial profits to lock in gains.
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