$BNB Trade Setup and analysis🚨

📈 Potential Trade Setup

Short Setup (Rejection Scenario):

If BNB shows signs of a reversal near $650, this could signal a short opportunity.

📍 Entry Zone: Near $650 (after confirmation of rejection or bearish candlestick pattern)

🎯 Target (TP): $630 – Previous support level

🛑 Stop-Loss (SL): $655 – Slightly above resistance to limit risk

Long Setup (Breakout Scenario):

If BNB breaks and closes above $650 with strong momentum, it could continue its uptrend.

📍 Entry Zone: Above $655 (confirming a breakout)

🎯 Target (TP): $673 – Next resistance level

🛑 Stop-Loss (SL): $645 – Just below breakout level to protect capital

Current Price: $635.93
Timeframe: 15-minute chart

🔎 Chart Analysis

BNB has shown strong upward momentum from the $605 support level and is now approaching a resistance zone around $650.82. The recent uptrend could face resistance near this level, so a reaction is expected as it approaches this key zone.

Key Levels:

Support: $630, $605Resistance: $650, $673

Watch for price action at the $650 zone. A breakout or rejection will provide clear trade direction.#BNBAnalysis