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The price is currently in a consolidation phase near $906 following a strong rally from $820 to $910. It remains positioned above all major moving averages, with the 7-period moving average (MA7) providing immediate support. Despite a minor pullback, the bullish trend structure is still intact—it's just healthy digestion after strong gains. As long as we stay above $900, the bulls remain in control. A rebound from here could quickly target the $920–940 area.
Trade Setup:$BNB
- Take Profit 1 (TP1): $925
- Take Profit 2 (TP2): $948
- Take Profit 3 (TP3): $985
- Stop Loss (SL): $882
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