$BNB /USDT – Range-Bound Recovery
BNB shows more resilience compared to other majors, trading near $895. It is currently in a phase of sideways consolidation, defending the $880 level while waiting for a catalyst from the Binance ecosystem.
Trade Setup:
Entry Range: $885 – $895 (Accumulation zone)
Target 1: $925
Target 2: $945
Target 3: $980
Stop Loss (SL): $865
Short Outlook:
Neutral/Stable. While the broader market is shaky, BNB is holding its support levels well. A move above $925 would confirm a bullish breakout from the current range.
BNBUSDT
Perp
762.76
-1.93%