In this quick scalp trade setup for Binance Coin (BNB/USDT) on the 5-minute chart, we analyze a potential long position targeting a key resistance breakout. The price is currently rebounding from a support level near $625.55, showing bullish momentum. A successful breakout above the $631.64 moving average (MA) and resistance at $637.69 could trigger a strong upward move.
Key technical indicators suggest an entry at the retest of $628.10, with a stop-loss positioned below $625.55 to minimize downside risk. The target of $637.69 aligns with previous price action and liquidity zones, offering a favorable risk-to-reward ratio.
This setup is ideal for traders looking for a high-probability breakout scalp trade with strict risk management. Stay updated on BNB price action, market structure, and technical analysis for optimal entries and exits.
#BNB #ScalpingStrategy #CryptoTrading #TechnicalAnalysis #BreakoutTrade
Key technical indicators suggest an entry at the retest of $628.10, with a stop-loss positioned below $625.55 to minimize downside risk. The target of $637.69 aligns with previous price action and liquidity zones, offering a favorable risk-to-reward ratio.
This setup is ideal for traders looking for a high-probability breakout scalp trade with strict risk management. Stay updated on BNB price action, market structure, and technical analysis for optimal entries and exits.
#BNB #ScalpingStrategy #CryptoTrading #TechnicalAnalysis #BreakoutTrade
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。