🟡$BNB /USDT – Compression Near Supertrend, Breakout Brewing?

BNB
BNB
582.65
-4.35%

💰 Price Snapshot

Current Price: 613.32 USDT

24h Change: +0.74%

24h High: 613.94

24h Low: 596.00

📊 Trading Data

24h Volume (BNB): 110,655.90 BNB

24h Volume (USDT): 66.95M USDT

Timeframes Monitored: 15m | 1h | 4h | 1D

Supertrend (10,3): 614.33

📈 Momentum Analysis

BNB is currently trading slightly below the Supertrend resistance (614.33), signaling short-term pressure. However, price is holding strong above the 600 psychological support, forming a tight consolidation range between 602 – 620.

This compression often leads to a volatility expansion move. The question is direction.

🟱 Long Setup

Entry Zone: 605 – 610

Targets:

T1: 620.30

T2: 629.00

T3: 637.70

Stop Loss: Below 596.00

🔍 Breakout Confirmation Level

A clean 4H close above 620.30 flips short-term structure bullish and increases probability of a push toward 629 → 637 zone.

🛡 Key Support Levels

602.90 (Minor intraday base)

596.00 (Strong support & invalidation level)

594.20 (Last defense zone)

🎯 Pro Tip for Traders

BNB is coiling. Avoid chasing candles. Let confirmation come to you. A fake breakout above Supertrend without volume expansion could trap late longs.

Patience > Impulse.

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