BNB/USDT Chart Analysis (1H Timeframe)

Feb 9

BNBUSDT is currently showing a bullish demand-based reversal setup on the 1-hour chart. Price has sharply corrected into a well-defined demand zone between $620.14 – $616.27, an area that previously acted as strong support and triggered impulsive upside moves.

A prior Break of Structure (BOS) to the upside confirms that the higher-timeframe bias remains bullish, and the current pullback appears corrective rather than trend-reversing. The reaction from the demand zone indicates buyer absorption and renewed buying interest.

📌 Trade Plan

Buying Zone: $620.14 – $616.27

Entry Price: $622.05 (after bullish confirmation)

Stop Loss: $612.05 (below demand invalidation)

🎯 Upside Targets

Target 1: $642.39 (near-term resistance / partial profit zone)

Target 2: $667.05 (previous swing high & liquidity zone)

📈 Technical Outlook
As long as BNB holds above the $616 demand zone, the bullish structure remains intact. A sustained move above $642 could accelerate momentum toward the $667 resistance, aligning with trend continuation on the intraday timeframe.

⚠️ Invalidation: A clean breakdown and close below $612 would invalidate the bullish setup and signal weakness.

Feb 9

Trade active

Trade is activated, manage your risk accordingly and book your half quantity on target one price to play it safe, or if you love risk aim for target two.

Feb 9

Note

Lets gooooooo target one hit

Feb 11

Trade closed: stop reached

Stop Loss Hit