Current Price
โก๏ธ $846.20
๐ฅ Market Structure
BNB has formed a short-term recovery after hitting the recent bottom near $790.79. Price is now pushing upward with improving bullish momentum.
๐ช Bullish Signs
โ๏ธ Higher lows forming after the sharp decline
โ๏ธ Buyers dominating the order book (~61% buy pressure)
โ๏ธ Price reclaiming previous breakdown zone
Immediate Resistance Levels
BNB must break these levels to continue upward: ๐น $849 โ $854 (1st strong resistance)
๐น $882 (next resistance zone)
๐น $915 โ $920 (major breakout zone)
If volume increases and price closes above $854, strong continuation upside is likely.
๐ Support Levels
Lower levels to watch for pullback: ๐น $832 โ $825 (first support)
๐น $810 โ $800 (major support & demand zone)
๐น Break below $790 = bears take control again
๐ฏ Trade Idea (Short-Term)
๐Only for analysis / not financial advice๐
Direction Entry Targets Stop-Loss
๐ฅ๐Long (Buy) $837 โ $845
TP1 $854, TP2 $872, TP3 $882
SL ๐$820
๐ฅ๐Short (Sell) $855 โ $860 rejection
TP1 $840, TP2 $825, TP3 $810
SL๐ $872
BNB is currently bullish in short-term, but the real confirmation for an upward continuation is only if price breaks and holds above $854.
If rejected there, price could drop again toward $825 โ $810.
