$BNB BNB Price Action Analysis: High-Probability Long Setup on the 15-Minute Chart
Right now, we’re looking at a clear short-term uptrend—price moved up from around 601 to 628. Price sits above the MA7, MA25, and MA99, which keeps things bullish. Lately, candles have been bunched up just under resistance at 628–630. Volume’s eased off a bit. That’s pretty normal before the market either breaks out higher or pulls back a bit to the moving averages.
So, I’m leaning bullish—expecting the uptrend to keep going unless the structure snaps.
Best Trade Setup: Go Long on the Breakout
Trying to short here means betting against a strong trend. Not smart unless you see a clear rejection.
Entry Zone
Jump in around 624–627 if you’re aggressive.
If you want confirmation, wait for a breakout above 629.
Take Profit Targets
TP1: 633 (right where recent momentum points)
TP2: 638 (based on the last impulse move)
TP3: 645 (if the breakout really takes off)
Stop Loss:Set it at 620 USDT.
Why? That’s below the MA25 and the base of the recent consolidation. If price drops here, the bullish momentum’s gone.
Risk Management (Assuming $1,000 Account)
You want to win this comp, but don’t blow up your account. Go for 2% risk per trade—that’s $20.
With stop loss $6 away from entry, use this:
Position size = $20 risk / $6 distance ≈ 3.3 BNB contracts (just round down to 3 BNB for safety).
It keeps you in the game—aggressive, but you won’t get wiped out on one trade.
Why This Trade Works
Trend-followers usually come out ahead compared to folks trying to call the top every time. The moving averages all line up bullish. Price is consolidating right under resistance—usually, that pops higher. You’re looking at a risk/reward of about 1:2.5 or better.
These are the kinds of trades that compound your account over time.
