Technical analysis by SupertradeOfficial about Symbol BNB: Buy recommendation (7/18/2025)

BNBUSDT is currently showcasing a clear bullish structure, supported by consistent demand and a strong breakout beyond previous resistance zones. The price action has steadily evolved into higher highs and higher lows since July 10, confirming bullish market control. After consolidating around the 707–710 USDT range, the pair decisively broke out, flipping this level into support. The price is now hovering near 736.50 USDT, holding its gains despite brief intraday corrections. The ascending pattern that started from mid-July saw a short-term dip toward 675 USDT, but strong buying interest quickly stepped in. This bounce marked the formation of a new swing low, followed by a powerful rally above the previous resistance. The recent long-bodied bullish candles reflect strong momentum and possible accumulation by larger players. Buy and sell signals shown on the chart further validate the demand zone around 674–691 USDT, where bulls aggressively defended support. The breakout structure is now entering a price discovery phase, with room for a measured move toward the upper resistance near 780 USDT, which is both a psychological round number and the projected Fibonacci extension zone. ________________________________________ 📍 Trading Setup (Based on Chart) •Entry Price: 736.50 USDT (current market price) •Stop-Loss: 725.00 USDT (just below the recent structure low and horizontal support) •Take-Profit: 780.22 USDT (Fibonacci target + psychological resistance) •Risk: 11.78 USDT (~1.60%) •Reward: 42.94 USDT (~5.82%) •Risk-Reward Ratio: ~3.65 — favorable for swing-long positions ________________________________________ 🧭 Key Zones to Watch The support zone between 707.54 and 691.35 USDT is now the major demand base. As long as BNBUSDT holds above this area, the bullish thesis remains intact. A retest of this level followed by a bounce would further strengthen the ongoing uptrend. Immediate resistance is at 737.28 USDT, but the market is attempting to flip this level. If it holds as support on the next retest, upside continuation to 780.22 USDT becomes highly probable. If bulls fail to defend the 725 USDT level, we could see a deeper retracement toward 707 or 691 USDT, but currently that risk remains low given the strength of the latest breakout.