$BNB is bullish and momentum is clearly building because price reclaimed the 630 zone after forming a clean higher-low structure and pushing strongly from 592 to 637, which tells me buyers are still stepping in aggressively on every dip.
I’m seeing a textbook bullish continuation pattern on the 1H chart. We got a strong impulse move from 592 to 637, followed by a controlled pullback holding above 620–625. That’s not weakness. That’s healthy consolidation. The higher low confirms buyers remain in control.
Market Read:
Price is holding around 631 after tapping 637. The pullback is shallow, candles are compressing, and structure continues to print higher highs and higher lows. If 630 holds as support, I’m expecting continuation toward fresh highs.
Entry Point:
I’m interested in the 628–632 zone where price is consolidating.
If price sweeps liquidity into 622–625 and shows strong rejection, that becomes my stronger secondary entry.
Target Point:
TP1: 637 (recent high retest)
TP2: 645 (breakout expansion)
TP3: 660 (measured move based on the 592–637 impulse leg)
Stop Loss:
Below 618 (structure invalidation level).
A close below 618 breaks the higher-low pattern and weakens the setup.
How it’s possible:
The explosive move from 592 to 637 created strong upside momentum. Instead of reversing, price is compressing above former resistance. That shows supply is being absorbed. Sellers are failing to push price below 620, which strengthens buyer confidence. Once 637 breaks with conviction, liquidity above that level can accelerate the move toward 645–660.
I’m staying with the structure. As long as higher lows hold, the bias remains bullish.
Let’s go and Trade now $BNB

