Recovery Attempt Strong bounce from the 577 local bottom → impulsive rally to 640 → price currently cooling off near 622 after a minor 1.36% intraday dip.
Structure remains bullish on the 4H timeframe as buyers defend the newly formed higher low.
Healthy consolidation after expansion → looking for a volume-backed continuation to clear the 640 resistance for a move toward the 700 psychological zone.
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$BNB
Recovery Attempt
Strong bounce from the 577 local bottom → impulsive rally to 640 → price currently cooling off near 622 after a minor 1.36% intraday dip.
Structure remains bullish on the 4H timeframe as buyers defend the newly formed higher low.
Long Setup
605 – 618
Targets:
640
675
710
Stop loss:
585
Healthy consolidation after expansion → looking for a volume-backed continuation to clear the 640 resistance for a move toward the 700 psychological zone.
#BNB #BNBChain #Crypto