The 7, 25, and 99 period MAs are all below price now, with volume confirming each move higher. After weeks of consolidation, $BNB is showing the kind of technical structure that precedes extended runs.
The setup maps out clearly. Entry zone between 658 and 664. First target at 680, second at 700, third at 730. Stop loss at 648 keeps the downside tight.
What makes this interesting is the volume. Price above all MAs means nothing without buyers stepping in, and they are. Consistent volume support through the recovery changes the probability distribution.
Would you take a defined-risk entry here at 658-664 with a 648 stop, or do you think this reclaim gets rejected at 680?
https://i.redd.it/0isxtl9ra7pg1.jpeg
Posted by Crypto_future_V