Current price shows a bullish trading setup for Binance Coin (BNB/USDT) on the 15-minute timeframe. The price forms a CHoCH (Change of Character) and crosses above the EMAs, signaling a possible trend reversal. The suggested entry is at the point where the CHoCH and EMA intersect, with a target price set at 1340. The setup is supported by a bounce from a strong support zone, aiming for a move toward the weak high area.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.