February 28, 2026

BNB/USDT inverse head & shoulders (long)

BNB/USDT inverse head & shoulders (long)

BNB/USDT inverse head & shoulders (long)

BNB/USDT inverse head & shoulders (long)

BNBUSDT Perpetual Contract BYBIT:BNBUSDT
TylerPhilip


BNB/USDT inverse head & shoulders (long)

following the FOMC meeting and widespread uncertainty, BTC was marked-up to a high of +12% over the past week and currently sits up +9%. uncertainty remains, but the recent price action suggests that it is safe to buy dips for another leg up. BNB appears to have been undergoing a 3 month accumulation period and is showing a potential inverse head & shoulder pattern on higher timeframes. for a risk-averse trade, i’d like to see BNB come down to make a more pronounced right shoulder before breaking out of the range to test resistance. entry is based on left shoulder and horizontal support, stop-loss is below the bottom of the range, and tp is at first anticipated resistance. if strong support is demonstrated at the trend line , i will consider splitting the entry in half and buying a bounce near the trend line .

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BNB/USDT inverse head & shoulders (long)

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