$BNB
$BNBUSDT$ is trading around $614.18 after a sharp rebound from the $587.14 liquidity sweep. The market formed a strong bullish reaction from that low, breaking short-term lower high structure and shifting into a sequence of higher lows on the 1H timeframe. This confirms a short-term trend reversal from bearish to neutral-bullish.
Price is now consolidating between $604.00 support and $620.87 resistance. The $600.00–$604.00 zone has acted as demand multiple times during this recovery phase. Pullbacks into this area are being absorbed, not aggressively sold. This shows controlled accumulation.
Liquidity rests above $620.87 and extends toward $630.00. A clean breakout and sustained hold above $621.00 opens the path toward that upper liquidity zone.
EP: $608.00 – $616.00
TP1: $620.87
TP2: $630.00
TP3: $642.00
SL: $598.00
The current intraday structure is bullish with a confirmed higher low at $587.14.
Momentum shows steady recovery as price builds higher lows and holds above $604.00 support.
Maintaining acceptance above $600.00 increases the probability of expansion toward $630.00 and higher liquidity.
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