Analysis of $BNB Bulls in Control
The outlook for BNB remains constructive. After the decisive bounce from the $607 zone, the asset has shown remarkable resilience, climbing to $679 and validating the strength of buyers in each micro-correction.
Currently, the price is in a healthy consolidation phase around $656. As long as it remains above the key support, the bullish structure remains intact.
Execution Plan
• Entry Zone: $652 – $658 (Looking for confirmation at the support).
• Take Profit Levels:
1. $670 (Immediate resistance)
2. $685 (Liquidity zone)
3. $705 (Major target / Psychological)
• Risk Management (SL): $638
The Critical Point
The key to success for this move lies in defending the $650 level. If buying volume appears at this point, it is very likely that we will see an attack on the $679 resistance. A clean break above that level would open the doors for a much more aggressive rally.
Trade with discipline!