$BNB is holding strong after a clean impulse move from the 832 demand zone and is now consolidating just below the recent high at 857.22. Buyers showed clear intent on the breakout with strong follow through and the pullback candles are shallow which signals strength not exhaustion. On the 15m structure price is respecting higher lows and building acceptance above the prior resistance area which has now flipped into support. Momentum remains firmly in control of buyers.
Here my full setup from this chart.
Entry Point
852 – 846
Target Point
TP1: 862
TP2: 870
TP3: 885
Stop Loss
832
Every dip toward the 846 to 842 zone is getting absorbed quickly with no heavy selling pressure. As long as BNB stays above this breakout base the move toward 862 becomes the natural continuation step before momentum attempts a push into the higher liquidity zone.
#USGDPUpdate #USJobsData #WriteToEarnUpgrade
BNB
899.72
+2.41%