$BNB Analysis & Trade Setup
A strong bounce from the key demand zone! ๐
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.
๐ 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 ๐ฏ | 895 ๐ฏ | 910 ๐ฏ
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
858.49
-0.93%