BNB Trading Signal
Pair: BNB/USDT
Type: Short-term Buy (Scalp)
Market Structure Insight:
BNB has tested the resistance zone between 680 – 686 multiple times (3–4 rejections), indicating a strong rejection area. Price attempted to break above 680 several times but failed consistently.
Support Levels:
Short-term Support (24–48h): 666
Major / Long-term Support: 660
Trade Setup:
Entry (Buy Zone): 666
Take Profit (TP): 680 – 681
Stop Loss (SL): Below 660
Strategy:
Buy near 665 support
Target quick profit at resistance (680–681)
Use 660 as strong invalidation level for risk management
Notes:
Strong resistance at 680+ due to repeated rejections
Suitable for short-term/scalp trades
Watch for breakout confirmation above 686 for trend continuation
BNB
611.76
+0.27%