BNB/USDT โ I Just Bought BNB Around $765 ๐
BNB is currently showing an interesting recovery setup after a sharp pullback from the $800+ area.
I entered around $765.28, and the 1H chart shows BNB trading close to MA(7) at $764.30 and MA(25) at $763.40. However, MA(99) is around $771.29, making the $771โ$773 area an important resistance zone.
The key levels Iโm watching are:
๐ข Support: $759 โ $753.80
๐ก Current Entry: ~$765
๐ด Resistance: $771โ$773
๐ Next resistance: $784โ$785
๐ฏ Major psychological level: $800
Recent market data shows BNB previously reached above $800 before pulling back, so the current zone is important for determining whether buyers can regain momentum.
For my trade, Iโm watching price action and volume around $771โ$773. A strong move above that area would improve the recovery structure, while losing the $753โ$759 support zone would increase downside risk.
Iโm in the trade. Now letโs see what BNB does next. ๐๐$BNB
#bnb #BNBUSDT #BฤฐNANCE #crypto #cryptotrading
BNB is currently showing an interesting recovery setup after a sharp pullback from the $800+ area.
I entered around $765.28, and the 1H chart shows BNB trading close to MA(7) at $764.30 and MA(25) at $763.40. However, MA(99) is around $771.29, making the $771โ$773 area an important resistance zone.
The key levels Iโm watching are:
๐ข Support: $759 โ $753.80
๐ก Current Entry: ~$765
๐ด Resistance: $771โ$773
๐ Next resistance: $784โ$785
๐ฏ Major psychological level: $800
Recent market data shows BNB previously reached above $800 before pulling back, so the current zone is important for determining whether buyers can regain momentum.
For my trade, Iโm watching price action and volume around $771โ$773. A strong move above that area would improve the recovery structure, while losing the $753โ$759 support zone would increase downside risk.
Iโm in the trade. Now letโs see what BNB does next. ๐๐$BNB
#bnb #BNBUSDT #BฤฐNANCE #crypto #cryptotrading
