$BNB is stabilizing after the pullback from the 862 area and I am watching this closely because buyers stepped in strongly near the lower range and are now defending it with steady pressure. The 1h candles are compressing and forming a tight base with controlled reactions which shows sellers are losing strength after the rejection. This looks like a pause not a breakdown and momentum is trying to reset for the next move. If this structure holds the next bounce becomes possible with a clean push.
Entry Point
850.00 – 846.50
Target Point
TP1 855.00
TP2 862.00
TP3 872.00
Stop Loss
842.80
It’s possible because every dip into the 846 to 850 zone is getting absorbed quickly and selling pressure is fading on each candle. If BNB stays above this support area the move toward 855 becomes the natural first step before momentum attempts the higher levels again.
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BNB
849.63
-0.49%
