$BNB looks bullish after a healthy correction and is approaching a strong support zone where buyers may step in.
I'm watching this area because price pulled back from the recent high and is now trading near a key support level. If buyers continue defending this zone, a recovery move toward higher resistance levels is possible.
Trade Setup
Entry: $603 - $607
Target 1: $615
Target 2: $625
Target 3: $633
Stop Loss: $596
Why It's Possible
• Strong support is holding around the $600 area
• Recent pullback follows a sharp bullish expansion
• Market structure remains intact above the stop-loss zone
• Buying interest is likely to return at current levels
• Break above $615 can attract additional momentum
Trade Plan
• Enter between $603 and $607
• Place stop loss at $596
• Take partial profit at $615
• Hold remaining position for $625 and $633
• Move stop loss to entry after Target 1 is reached
I'm bullish while price remains above $596. A successful defense of support and reclaim of $615 can open the path toward $625 and $633.
Let's go and Trade now $BNB
