$BNB is stuck in a consolidation phase between $961 and $1,007 after the initial bounce from $880.
This tight range indicates an intense battle between buyers and sellers, and a breakout is imminent. The overall structure still favors a short-term bullish move.
Short-term LONG upon a clean 4H close above the $1,007 resistance. 🔹 Target (T1/T2): $1,052 and then $1,087. 🔹 Invalidation: A convincing 4H close below the range low of $961.
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CryptoLoverArtist
· 11-10 05:43
I'm long on BNB btw
please 🙏 follow me. I Follow Back! 🎉
$BNB is stuck in a consolidation phase between $961 and $1,007 after the initial bounce from $880.
This tight range indicates an intense battle between buyers and sellers, and a breakout is imminent. The overall structure still favors a short-term bullish move.
Short-term LONG upon a clean 4H close above the $1,007 resistance.
🔹 Target (T1/T2): $1,052 and then $1,087.
🔹 Invalidation: A convincing 4H close below the range low of $961.
Keep a close watch for the break.
#BNB #BNBChain #GregLens