BNBUSDT is showing strong bullish potential after recovering from a classic false breakdown scenario. The price structure suggests a high-probability long setup backed by solid support reclaim, clean invalidation, and clearly defined targets.
Market Context
On the 4-hour timeframe, BNBUSDT dipped below its key support zone between $640.51 – $651.47. This move triggered a false break — where price momentarily breaks below key support to trap late sellers and absorb liquidity.
What followed is a sharp recovery back above the support region, confirming the breakdown as a liquidity sweep rather than genuine bearish continuation.
Key Technical Highlights
• Support Reclaim: After the wick to $633.22, price quickly rebounded and is now holding above $651.47, suggesting strong buyer interest at that zone.
• Supertrend Flip Potential: The Supertrend zone resistance at $654.18 – $660.30 is currently under pressure. A flip here could accelerate bullish momentum.
• Well-Defined Range Structure: The move sets the stage for a return to previous range highs, with clear take-profit targets and a tight invalidation level.
Trade Setup – Long Opportunity
• Entry: Current levels around $654 – $655
• Stop Loss (SL): $640.51 (just below reclaimed support)
• Take Profit 1 (TP1): $671.80
• Take Profit 2 (TP2): $690.03
• Risk–Reward Ratio: ~2.62
Setup Type: Reclaim + Range Continuation
This trade leverages the false breakdown as a springboard for upside continuation, with the SL placed just under the support line and clear TP levels based on prior resistance zones.
Strategy Outlook
The false break around $633.22 likely flushed out weak longs and triggered liquidity collection. Now that BNB has reclaimed the support and is stabilizing within a rising demand zone, buyers may aim for previous resistance levels.
A sustained close above $660.30 would further confirm bullish control, potentially speeding up the move toward TP1 and TP2.
Market Context
On the 4-hour timeframe, BNBUSDT dipped below its key support zone between $640.51 – $651.47. This move triggered a false break — where price momentarily breaks below key support to trap late sellers and absorb liquidity.
What followed is a sharp recovery back above the support region, confirming the breakdown as a liquidity sweep rather than genuine bearish continuation.
Key Technical Highlights
• Support Reclaim: After the wick to $633.22, price quickly rebounded and is now holding above $651.47, suggesting strong buyer interest at that zone.
• Supertrend Flip Potential: The Supertrend zone resistance at $654.18 – $660.30 is currently under pressure. A flip here could accelerate bullish momentum.
• Well-Defined Range Structure: The move sets the stage for a return to previous range highs, with clear take-profit targets and a tight invalidation level.
Trade Setup – Long Opportunity
• Entry: Current levels around $654 – $655
• Stop Loss (SL): $640.51 (just below reclaimed support)
• Take Profit 1 (TP1): $671.80
• Take Profit 2 (TP2): $690.03
• Risk–Reward Ratio: ~2.62
Setup Type: Reclaim + Range Continuation
This trade leverages the false breakdown as a springboard for upside continuation, with the SL placed just under the support line and clear TP levels based on prior resistance zones.
Strategy Outlook
The false break around $633.22 likely flushed out weak longs and triggered liquidity collection. Now that BNB has reclaimed the support and is stabilizing within a rising demand zone, buyers may aim for previous resistance levels.
A sustained close above $660.30 would further confirm bullish control, potentially speeding up the move toward TP1 and TP2.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Trade forex, indices, stocks and metals with up to US$100.000 in company's funding.
Complete a challenge to access funding or go for instant deposit.
Trading involves substantial risk. Not financial advice
Complete a challenge to access funding or go for instant deposit.
Trading involves substantial risk. Not financial advice
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.