$BNB – STRONG REJECTION WICK SHOWS BUYERS DEFENDING 889 SUPPORT

After a steady intraday decline, $BNB tapped the 889–890 demand zone and instantly printed a long downside wick, signalling that buyers are stepping in at this key intraday support. The structure shows exhaustion in the sell-off, and the tight consolidation above 890 suggests that a relief bounce is likely to follow if the level continues to hold.

Trade Setup (Long):

Entry Range: 889.5 – 891.5

Target 1: 896.0

Target 2: 901.0

Target 3: 907.5

Stop Loss (SL): 884.8

Market Outlook:

As long as the 889 support remains intact, bullish recovery toward the mid-range is the favorable path before any larger move develops.

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