Introduction:
In this BNB/USDT technical analysis, we'll examine critical price levels and potential scenarios for Binance Coin (BNB) against the US Dollar Tether (USDT).
Liquidity Sweep Area - 145-160 USDT:
The first key aspect to address is the liquidity sweep area, which encompasses the price range of 145-160 USDT.
Liquidity sweeps often serve as precursors...
last week we seen huge buying in BNB coin, in upcoming months its going pump very hard.
entry and targets are given on the chart. Please Like and comment if there are any queries.
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BNB is nearing a supply zone/PRZ. It could retrace onto the support trendline before breaking the all-time high.
Observe the price action if the price corrects from the supply zone bounces off the trendline. Buying can be done at the trendline or near 510.
The 640-695 zone could be a very tough zone to break and a false breakout might happen, get the volume...
Currently BNB is near it's Supply Zone. The BNB could go into consolidation and then could give a big move on either side.
On the upper side if it sustains above Supply Zone with good volumes then go long.
On the lower side if it breaks the uptrend line then short and book your profits near Buying Zone or enter long positions in Buying Zone.
