🚨 $BNB : Hitting Support - Perfect Setup to Catch the Rebound! ⚡️
Plan trade: Long 🟢
• Entry zone: $881 - $886
• Take profit:
• 🎯 TP1: $912
• 🎯 TP2: $921
• 🎯 TP3: $933
• Stop loss: $870
🔥Technical Analysis:
On H4 and H1 timeframes, $BNB has corrected to the critical support zone around $880 - $885 after peaking at $930. Price action is showing rejection wicks, indicating dip-buying interest. The RSI has reached lower levels and is flattening out, signaling slowing bearish momentum. The primary bullish trend structure remains intact with higher lows being maintained.
Stop Loss Advice ($870):
This is the nearest Swing Low support; a breakdown below this level would invalidate the short-term uptrend and risk a drop towards $850.
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