$BNB /USDT: Bounce or Break? 📉🚀
BNB is currently testing a key structural support. Will it hold the $625 zone or slide further? Here's the setup:
⚡ The Trade Plan
Entry: $625.00 - $630.00
SL: $615.00
TPs: $642.00 | $652.00 | $665.00
Why this Setup?
Support Zone: Trading near the $628 level, a proven psychological support.
Volume: Selling pressure is decreasing on the 4H timeframe, suggesting exhaustion.
Trend: Approaching a rebound zone after a healthy correction from $652.
🤔 The Debate
Bulls: Strong fundamentals; holding $620 confirms a bullish continuation.
Bears: A 4H close below $620 confirms a "Double Top," targeting $600.
Trade $BNB here