BNB Bearish Rejection BNB is losing strength around the 700 resistance zone after failing to continue higher. A break below the nearby support could open the way toward 660. Entry: 689–695 TP1: 680 TP2: 670 TP3: 660 SL: 703 Trade $BNB
Price already reacted from the lower zone and short-term momentum is improving. As long as MOVE holds above $0.0075, I’m watching for another push higher.
$BTC is currently trading around $77.35K on Binance, with the latest Binance spot quote around that level.
📊 Market Structure
Bitcoin remains strongly bullish on the higher timeframe after a sharp weekly rally. BTC recently pushed toward the $79K–$80K area, so some consolidation or profit-taking is possible before the next major move. Recent market data also shows strong momentum following the breakout from the $70K area.
🔑 Key Levels
• Resistance 1: $78.8K–$79.5K • Resistance 2: $80K–$82K • Support 1: $76.5K • Support 2: $73K–$74K • Major Support: $69K–$70K
📈 Bullish Scenario
A clean breakout and daily close above $79.5K–$80K, preferably with strong volume, could open the way toward $82K+.
⚠️ Bearish / Correction Scenario
If BTC repeatedly fails around $79K–$80K and loses $76.5K, a pullback toward $73K–$74K becomes more likely. Losing $69K–$70K would weaken the current bullish structure.
👀 What to Watch
• Breakout above $80K • Volume confirmation • Spot BTC ETF flows • U.S. dollar and Treasury yields • Macro/Fed developments
🎯 Conclusion
The trend is bullish, but BTC is approaching a major resistance zone. Avoid chasing a vertical move; confirmation above resistance or a controlled retest of support offers a cleaner setup.