$BNB Analysis & Trade Setup

A strong bounce from the key demand zone! ๐Ÿš€

Following a sharp drop, $BNB has shown solid reaction from the 840-845 support area. This aggressive buying has created a short-term higher low, indicating demand.

๐Ÿ“Š Key Observation: Price is still below the last major swing high. For now, this looks like a strong recovery move, not a full trend reversal. The bias remains bullish as long as support holds.

Trade Idea:

ยท Entry Zone: 860 โ€“ 868

ยท Targets: 880 ๐ŸŽฏ | 895 ๐ŸŽฏ | 910 ๐ŸŽฏ

ยท Stop Loss: 842 (below the demand zone)

Summary: Bulls are stepping in. Watch the support for continuation towards higher resistance levels.

#BNB #Binance #Crypto #trading

BNB
BNB
847.52
-2.67%