BNB Futures – 1H Technical Outlook

The price is currently moving within a clear range between 644.55 (support) and 660.12 (resistance). After multiple rejections from both sides, market participants are waiting for a breakout or fakeout to determine the next move.

🔴 Fakeout Scenario (Bullish Trap Reversal):
A potential liquidity grab below the range (fake breakdown) could trap sellers around 644.55, followed by a strong V-shaped recovery back into the range. This would indicate a fakeout, providing a long opportunity once price reclaims the lower boundary.

🟢 Long Setup Confirmation:
If price breaks back above the range with momentum and confirms with volume, a LONG position becomes valid. The first target is the range high (660.12), and upon breakout, price could rally toward the next resistance at 687.69 (TP).

🎯 Summary:
Watch for a potential fake breakdown followed by a recovery. Confirmation with a bullish engulfing or strong volume candle gives a solid long opportunity. Risk management and proper confirmation are key before entry.