$BNB - LONG Setup
Entry: 842.00 – 844.00 (On a bounce from the immediate support zone with bullish structure)
Target 1:855.00
Target 2:865.00
Stop Loss:838.00 (Below the key intraday support)
My View:
BNB is consolidating in a tight range near support,showing resilience after a pullback. The price is holding firmly above the $842 level, which has been tested and held multiple times, forming a solid base. The order book shows substantial bid walls building up just below the current price, indicating strong buying interest. The structure is bullish on the higher timeframes, and this consolidation looks like a healthy pause before the next leg up. I'm looking for a bounce off this $842–$844 demand zone to enter long, targeting a move back to challenge the recent high and beyond.
Bias: Bullish above $842.00. A breakdown below $838.00 would signal a deeper pullback.
Disclaimer:My plan. Not advice. Trade your own risk.
