Alright, let’s break this down clearly 👀📊
Timeframe: 4H (Binance)
#GoldSilverAtRecordHighs $BNB #GrayscaleBNBETFFiling $BNB
🔍 Market Structure
Price dropped hard from ~0.253 → 0.2118 (strong bearish impulse)
After that, price formed higher lows → classic trend reversal structure
Now we have higher highs + higher lows → short-term bullish trend confirmed
📈 Current Price
0.2404
Sitting above recent resistance (~0.2370) → good bullish sign
Momentum candles are healthy, not weak wicks
🟢 Key Levels
Support
0.2370 (very important – old resistance turned support)
0.2280
0.2185 – 0.2120 (major demand zone)
Resistance
0.2460 – 0.2480
0.2530 – 0.2550 (strong supply zone, previous rejection area)
🧠 What This Means
As long as price holds above 0.237, bulls are in control
Structure suggests a continuation move, not just a dead-cat bounce
Volume + candle strength supports upside continuation
🎯 Possible Scenarios
Bullish Case (Preferred)
Hold above 0.237
Targets:
0.246
0.252 – 0.255
Pullbacks = buying opportunities near support
Bearish Case
If 4H candle closes below 0.237
Expect retrace to:
0.228
Worst case 0.218
🛑 Risk Note
Don’t FOMO near 0.25 resistance
Best entries are pullbacks, not green candle chasing
If you want, tell me:
👉 Spot or Futures?
👉 Scalp or Swing?
I’ll give you a proper entry, SL & TP plan 🔥
