$BNB
Price is holding above a strong demand zone after a healthy pullback, forming higher lows and consolidating near resistance. This structure suggests buyers are in control and a breakout continuation is likely.
Bias: BULLISH
Trade Idea – LONG SETUP:
Entry: On pullback to the support zone or confirmed breakout with strong volume
Target 1: 880
Target 2: 900
Target 3: 930
Stop Loss: Below 840 (invalidates higher-low structure)
Confluence Factors:
Higher high–higher low formation
Strong support holding after retracement
Momentum favoring upside continuation
Consolidation near resistance indicating accumulation
Risk Management:
Risk only 1–2% per trade, move stop to breakeven after first target, and scale out profits to protect capital.
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