🚨$BNB — Market Update 📊
After a sharp sell-off, buyers are stepping in to stabilize price, but BNB is still trading within a broader range below key resistance.
📈 Trade Setup (Long Bias)
Entry Zone: 868 – 872
Stop Loss: 856
Targets: 883 → 895 → 910
🔍 Technical Breakdown$BNB
$BNB faced strong sell-side pressure down to the 856 demand zone, where aggressive buyers defended and absorbed selling.
The rebound from this level has been corrective and overlapping, indicating base formation rather than an immediate trend reversal.
Short-term momentum is improving, supported by higher intraday lows, but higher-timeframe EMA resistance continues to cap upside.
Market structure remains neutral to slightly bullish, with strength building as long as price maintains higher lows above the local base.
Holding above 856 is key — above this level, a continuation move toward the upper range liquidity remains in play.
📌 Summary
BNB is stabilizing after distribution, and while not in full trend mode yet, conditions favor a measured upside push if buyers maintain control above support.
