$BNB Reclaim Attempt After Range Low Sweep



🔥 Strong Bounce From Local Bottom
Price wicked into 596 and quickly reversed, now pushing back toward the mid-range around 606 — showing buyers stepping in.

📊 Market Structure Insight
Short-term recovery inside a range. Still neutral overall, but momentum is shifting bullish after the sweep of lows.

💡 Key Insight:
Liquidity grab below support (596) followed by reclaim often leads to upside continuation toward range highs.

🎯 Trade Levels:
Entry Zone: 603 – 606
Stop Loss: Below 598
Target 1: 612
Target 2: 616

⚠️ Key Levels:
600 → Must hold for bullish continuation
615–616 → Major resistance zone

Holding above 600 keeps recovery intact. Break above 612 strengthens the bullish case.

Are you trading the range reclaim or waiting for breakout above resistance?
BNB0,19%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin