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BNB/USDT Price Analysis: Next Move Prediction Based on Smart Money Concepts (SMC)

Introduction

As a professional trader or investor, understanding market structure and Smart Money Concepts (SMC) is essential to making informed decisions. In this analysis, we will break down the BNB/USDT 1-hour Heikin Ashi chart, highlighting key patterns, break of structure (BOS), supply & demand zones, and the next potential price movement.

Market Structure Overview

Key Observations from the Chart

Recent High: $644.88 (marked as a weak high).

Current Price: $629.28 (hovering near a minor demand zone).

Significant Demand Zone: $618-$621 (blue area).

Break of Structure (BOS) and Change of Character (ChOCH) confirm market shifts.

Bullish vs. Bearish Scenarios

Bullish Scenario (If Demand Holds)

Support at $621-$618 Holds: If buyers step in at the demand zone, price could bounce back.

Break Above $637 Resistance: A strong push above $637 confirms bullish momentum.

Potential Target: If demand holds, price could retest $644 and break towards $650-$660.

Bearish Scenario (More Likely)

Break Below $621: If sellers take control, price may test the strong demand zone at $610-$595.

Continuation of Downtrend: A clean break below $595 could push price towards $580-$570.

Trading Strategy

✅ Buy Entry: Around $618-$621 if demand shows strong support.
✅ Sell Entry: If price breaks $618 downward, targeting $595-$610.
✅ Stop Loss: For buyers, set a stop loss below $617; for sellers, above $637.

Conclusion

BNB/USDT is currently at a decision point. A break above $637 would confirm a bullish move, while a break below $621 would indicate further downside. Traders should watch price action near these key levels before making their next move.

What do you think? Will BNB bounce back or continue its downtrend? Share your thoughts below!
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