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$BNB
Looking at this BNB/USDT chart tonight and realized how much I’ve learned to appreciate the "quiet" after a storm. We saw that massive spike up to 664.3, but the market has a way of humbling you real quick.
Instead of chasing the hype, I’m watching how it’s settling into this sideways channel. It feels less like a stall and more like the market catching its breath. Here is how I'm reading the setup:
The Game Plan
• Entry Point: I’m looking for a stable entry around 649.6. It’s currently hovering right at the MA7 (yellow) and MA14 (blue) lines, showing some decent consolidation.
• Target (Take Profit): The immediate goal is to test that recent peak again at 664.3. If it breaks that, we’re in a different conversation.
• Stop Loss: To keep things safe, I’d set a stop around 637.8 (the recent support floor shown on the left).#GateSquareMayTradingShare