#BNBUSDT forecast for a long move

📉 LONG BNBUSDT.P $589.70
🛡 Stop Loss: $588.50

⏱ 1H Timeframe

📍 Overview:
➡️ BNBUSDT.P continues to move within an ascending channel, gradually recovering after a local correction.
➡️ POC (Point of Control) at $588.10 indicates a high-interest zone, from which price has rebounded multiple times.
➡️ The key resistance zone is around $592.45, where the first profit target is set.
➡️ Holding above the current level could trigger further upside movement towards $596.00, strengthening the bullish momentum.

⚡ Plan:
➡️ Considering a LONG entry at $589.70, with a Stop Loss at $588.50.
➡️ A breakout above $592.45 will confirm buyer strength and pave the way for $596.00.
➡️ Increased volume at the current level suggests institutional interest, increasing the probability of scenario execution.

🎯 TP Targets:
💎 TP 1: $592.45
💎 TP 2: $596.00


📢 BNBUSDT.P maintains a bullish structure despite temporary pullbacks.
📢 Key focus should be on price action at $592.45 – a breakout here will solidify the bullish case.
📢 Monitoring volume dynamics is crucial – increased buying activity will reinforce the uptrend.


🚀 BNBUSDT.P remains strong – expecting a move towards $596.00 upon breakout of key levels!