BNB is moving toward a major support zone between $800 – $820. This area has historically served as a demand zone, and we're watching for bullish price action or a potential reversal signal around this level. If support holds, there's a strong chance for price rotation back toward the mid-range of the broader structure.
💡 Trade Setup Idea:
Entry Zone: $800 – $820 (Support)
Take Profit Targets: $890 / $976 / $1168
Stop Loss: $742 (below structure)
A bounce from this level could offer a solid risk-reward setup. Always wait for confirmation (e.g. bullish engulfing, volume spike, or momentum shift) before entering. Manage your risk carefully.
#BNB #Crypto #BinanceCoin #TradingView #CryptoTrading #TechnicalAnalysis #SupportAndResistance #PriceAction
💡 Trade Setup Idea:
Entry Zone: $800 – $820 (Support)
Take Profit Targets: $890 / $976 / $1168
Stop Loss: $742 (below structure)
A bounce from this level could offer a solid risk-reward setup. Always wait for confirmation (e.g. bullish engulfing, volume spike, or momentum shift) before entering. Manage your risk carefully.
#BNB #Crypto #BinanceCoin #TradingView #CryptoTrading #TechnicalAnalysis #SupportAndResistance #PriceAction
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.