๐ $BNB Technical Update โ Important for Spot Traders
Iโve completed a detailed analysis of $BNB, and this setup is worth attentionโespecially for spot investors.
After a strong rally, BNB went through a deep correction and is now showing a solid reaction from a key weekly demand zone. Price behavior suggests the market is stabilizing and building a base.
๐ฅThis is a textbook market cycle:
Strong move โ Aggregation โ Next stage
At the moment, $BNB is in the aggregation phase. As long as price holds this support area, the higher-timeframe structure remains bullish, with upside potential toward the next major resistance zones.
Short-term pullbacks should be viewed as healthy consolidation, not bearish weakness.
๐ Spot Trading Plan
Buy Zone: 890-895
Bullish Confirmation: Above 920
๐ฏ Price Targets:
โข TP1: 905
โข TP2: 920
โข TP3: 935
โ Invalidation: Weekly close below 880
๐ก Outlook
This area offers a high risk-to-reward opportunity on the higher timeframe. Accumulating in spot, adding on dips, and staying patient aligns well with the current structure.
๐ Traders: If using futures, keep leverage low and manage risk carefully.
Once BNB begins its next major move, momentum can build quickly.
$BNB #StrategyBTCPurchase #USTradeDeficitShrink
