$BNB Update on price movement
$BNB has reacted strongly from the recent demand zone after a sharp sell-off, showing clear signs of buyer absorption on a 4-hour timeframe.........
Rejection from the lower levels and steady recovery indicates that sellers are losing momentum. As long as the price holds above the recent low, the relief move towards the upper resistance area remains active, with bulls attempting to regain control in the short term.
Trade Setup
Entry Range: 860 – 870
Target 1: 885
Target 2: 900
Target 3: 920
Stop Loss: 842
BNBUSDT
Perp
842.28
-1.91%