#BNBUSDT Perp – Technical Analysis
Timeframe: 4H
Bias: Neutral → Bullish recovery (range-based)
BNB previously topped near 904.9 and faced a sharp correction down to 840.7, where strong demand stepped in. That level acted as a solid swing support, triggering a rebound. Price is now trading around 867, attempting to stabilize above the short-term moving averages. Structure shows recovery, but bulls still need confirmation above key resistance to regain full control.
Entry Zones:
Long (Pullback): 860 – 855 (demand zone & previous reaction area)
Long (Breakout): Above 880 with strong 4H close and volume
Support Levels:
860 – 855 (major support zone)
851.5
840.7 (strong demand / invalidation level)
Resistance Levels:
880 – 885 (near-term resistance)
894 – 900
904 – 908 (major supply / previous high)
Take Profit Targets:
TP1: 880
TP2: 894
TP3: 904 – 908
Stop Loss:
Below 851 for pullback longs
Conservative SL below 840
Invalidation:
A sustained 4H close below 840 would break the recovery structure and turn the bias bearish again.
Summary:
BNB is in a recovery phase after a sharp sell-off. As long as price holds above 855–860, upside toward 880 → 900 remains possible. A clean breakout above 880 would confirm bullish continuation; otherwise, expect consolidation within the range.
#WriteToEarnUpgrade #banincesquare #BNB_Market_Update $BNB
