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Binance Coin BNB Intraday Trade Setup
BNBUSDT Perpetual Contract
Long
Binance Coin BNB Intraday Trade Setup
By Trade-Lean
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May 7
7
May 7
Binance Coin is in the bullish territory in the H4 chart.
A bullish break-out of $603 will offer more upside towards $619 where the price action will be key.
A re-test of $590 followed by a bullish rejection will lead to a bullish move towards $619 and, possibly, higher to $646-$658.
An inability to sustain price action above $590 will result in a range-bound price action towards $577 and lower to $565, the key intraday support.
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