$BNB looking bullish here after defending the 637 support zone perfectly on the 4H chart. I'm seeing selling pressure getting weaker after the sharp rejection from 689, while buyers are slowly reclaiming control around demand. The recent dump already cleaned weak hands from the market, and now price is reacting exactly where reversals usually begin building.

I'm watching this setup because the structure still looks like a healthy correction instead of a breakdown. Volume slowed down, panic selling faded, and price is starting to stabilize above support. If momentum returns above the local resistance, this recovery can expand very quickly.

Entry Point : 640 - 646

Target Points :

TP1 : 655

TP2 : 668

TP3 : 682

TP4 : 690

Stop Loss : 632

Why this move is possible :

— Strong support already confirmed near 637

— Sellers are losing momentum candle by candle

— Buyers keep defending every lower dip

— Market already corrected deeply from 689 highs

— Short liquidity above resistance can fuel a squeeze

— Reclaiming 650 can shift momentum aggressively

— Current structure looks like accumulation after panic selling

— Long lower wick reaction shows buyers are active again

I'm expecting volatility first, but as long as 632 holds, the bullish structure remains valid. A clean breakout above the local range can trigger a fast expansion toward higher resistance zones because trapped shorts may start covering aggressively.

Risk management still matters here because losing support can invalidate the setup short term.

Trade now $BNB