$BNB – Liquidity Sweep Complete. Reversal Loading.
$BNB just delivered a textbook liquidity grab.
Price wicked aggressively into the 601 zone, flushed late longs with a heavy sell candle, tapped the daily low — and instantly printed a strong rejection. That’s not weakness. That’s absorption.
Sellers pushed hard… but they couldn’t sustain the breakdown.
What the 1H Structure Shows:
• Clear lower high sequence
• Aggressive displacement candle
• Immediate wick reaction from support
• Volume expansion on the dump
When volume explodes on the downside and price stalls instead of cascading, that’s absorption. Smart money stepping in.
The flush cleaned weak hands below 602. Liquidity likely swept. Now we watch the reclaim.
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Market Read
600–602 is short-term demand and a psychological round level.
If price stabilizes above it, bounce probability increases significantly.
Resistance Ahead:
• 612 – Minor intraday level
• 618–620 – Mid resistance zone
• 624–626 – Prior rejection area
A clean reclaim of 612 shifts momentum. If that level flips to support, 620+ becomes a natural magnet.
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Trade Plan
Entry:
603–607 zone (only after a strong 1H close above 605)
Targets:
TP1: 612
TP2: 618
TP3: 625
Stop Loss:
596 (below structure + sweep level)
Small risk. Defined invalidation. Clear structure.
If 596 breaks with strength, structure fails — simple. No ego, no hope trading.
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Why This Makes Sense
• Dump already cleared weak hands
• Liquidity below 602 likely taken
• Shorts positioned on breakdown
• If 600 holds → short covering fuels upside
• Price sitting near 24H low while broader weekly demand still intact
That creates rebound probability.
I’m not chasing green candles.
I’m entering on reclaimed support with confirmation and invalidation defined.
Volume expansion on the upside confirms the shift.
Patience. Precision. Execution.
Let’s trade
$BNB #BNB #CryptoUpdates