$BNB is attempting a short-term relief bounce after a sharp sell-off into demand
Price aggressively wicked into the 570 support, showing rejection with a V-shaped bounce; however, structure remains bearish below EMA25/EMA99, making this a counter-trend mean-reversion setup on 15m.
๐ฏ Entry zone: LONG 615.0 - 622.0
TP1 635.0, TP2 652.0, TP3 680.0
๐ Stop Loss 598.0
Expect a corrective push toward EMA resistance; take profits quickly as overall momentum is still bearish.
Trade BNB๐
BNBUSDT
Perp
631.99
+0.83%