$BNB
BNB/USDT Trading Signal (timeframe 1D)
The price is moving sideways after a strong decline and is near the middle Bollinger band. Volumes are low and momentum is weak, so it appears more like a consolidation zone rather than a strong trend.
📌Long setup (safer with confirmation)
Buy zone: 870 – 880
Stop loss: 845
Take profit 1: 900
Take profit 2: 920
Take profit 3: 950
Bias: Moderately bullish only if the price stays above 870 and starts closing above 885 with volume.
📌Short setup (if support is broken)
Sell below: 865 (daily close)
Stop loss: 895
Take profit 1: 840
Take profit 2: 800
Take profit 3: 770
Quick notes
– The Bollinger bands are narrowing, so a breakout is coming
– KDJ is weak, no strong bullish signal yet
– The best move is to wait for confirmation, do not chase the price
Risk management is important here. The market is slow, so a smaller position size is better.
#WriteToEarnUpgrade #CPIWatch #ETHInstitutionalFlows #BinanceBlockchainWeek
