$BNB – Panic Flushed, Now Watching for a Squeeze 📈
The dip didn't get continuation. Bids stepped in quickly, absorbing selling pressure — this looks more like absorption than distribution. Buyers are still defending structure well, and downside momentum has failed to expand.
📊 Trade Setup – Long
· 📍 Entry Zone: 605 – 620
· 🛑 Stop Loss: 568
· 🎯 Take-Profit Targets:
· TP1: 650
· TP2: 690
· TP3: 720
Setup Rationale:
✅ Dip absorbed quickly — no bearish continuation
✅ Buyers defending structure with conviction
✅ Downside momentum failed to expand
✅ Absorption pattern suggests accumulation
✅ As long as this zone holds, continuation higher remains the cleaner path
Key Levels to Watch:
· Support Zone: 568 – 605
· Resistance Targets: 650 / 690 / 720
Invalidation:
A break below 568 would signal loss of buyer control and void the setup.
👉 [Trade $BNB Here]
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