BNB/USDT (Perpetual) – 1H Technical Outlook 📊
BNB has shown a strong impulsive move recently, followed by a healthy consolidation near the top. On the 1H timeframe, price is currently moving under a descending trendline, indicating short-term pressure while still holding above key support.
🔍 Technical Observations:
Price is consolidating below the 955–960 resistance zone
Formation looks like a bullish continuation with short-term pullback
RSI around mid-level (~55) → no overbought condition yet
Previous breakout area around 940–935 is acting as strong support
📈 Possible Scenarios:
Scenario 1 – Bullish Breakout
A clean break and hold above 955–960 with volume
Targets: 975 → 990+
Scenario 2 – Pullback Before Move
Rejection from resistance may cause a dip toward
Supports: 940 → 932 → 923
As long as price holds above support, bullish structure remains valid
🧠 Bias:
Overall bias remains bullish, but patience is needed.
Best trades come from confirmation, not prediction.
📌 Always manage risk and wait for your setup.
If you want, I can:
Make it more bullish / more neutral
Shorten it for higher engagement
Add TP/SL style levels for futures traders
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