📉 BNB/USDT Daily Analysis: Demand Zone Retest
The price of BNB/USDT is undergoing a significant correction, approaching a critical demand area after a strong rally.
🔍 Key Level: The primary support/demand zone (SMC) is identified between $730 and $790. This area is expected to hold strong and trigger a bounce.
🎯 Entry Plan: Look for long entries within the demand zone, specifically around $760 - $780.
⬆️ Take Profit (TP): The initial short-term targets are set at:
$1,039.99
$1,081.43
$1,108.52
🛑 Invalidation: The trade setup is invalidated if the price decisively breaks and closes below the $730 demand zone, signaling a deeper bearish move.
Strategy: Buy the dip in the highlighted demand zone for a potential rally back towards the $1,000+ resistance levels.
The price of BNB/USDT is undergoing a significant correction, approaching a critical demand area after a strong rally.
🔍 Key Level: The primary support/demand zone (SMC) is identified between $730 and $790. This area is expected to hold strong and trigger a bounce.
🎯 Entry Plan: Look for long entries within the demand zone, specifically around $760 - $780.
⬆️ Take Profit (TP): The initial short-term targets are set at:
$1,039.99
$1,081.43
$1,108.52
🛑 Invalidation: The trade setup is invalidated if the price decisively breaks and closes below the $730 demand zone, signaling a deeper bearish move.
Strategy: Buy the dip in the highlighted demand zone for a potential rally back towards the $1,000+ resistance levels.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.