$BNB is stabilizing after the drop into the 836.46 reaction low and price is now holding around this support area. I am watching this closely because buyers stepped in near the lows and prevented a deeper continuation. The 1h candles are compressing with tighter ranges which shows selling pressure is slowing down and the market is trying to find balance after the pullback.
If this structure holds a controlled rebound becomes possible with steady follow through.
This is the complete setup I am tracking from this chart.
Entry Point
842 – 835
Target Point
TP1: 850
TP2: 857
TP3: 865
Stop Loss
828
It is possible because every dip near the 835–836 zone is getting absorbed quickly and sellers are failing to push price lower. If $BNB stays above this support the move toward 850 becomes the natural first step before momentum attempts a stronger recovery.
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BNB
847.7
+0.51%