๐ฅ $BNB is at 722 $ : BUY THE DIP OR WAIT FOR THE BREAKOUT?
$BNB is currently trading around $722, after reaching nearly $780 $ at the start of September.
The question is no longer just whether BNB will remain bullish in the long term.
๐ The real question is: where is the next interesting entry zone?
๐ MY LEVELS TO WATCH
๐ข 720โ725 $ โ Immediate support
This is the first zone Iโm watching.
If buyers defend this zone and volume returns, a rebound toward 740โ760 $ could be set up.
๐ก 700โ705 $ โ Strategic support
A pullback to this zone could offer a better risk/reward ratio for patient buyers.
๐ BULLISH SIDE
The first positive signal would be a reclaim of 740โ742 $.
Then I would watch:
โก๏ธ 757โ760 $
โก๏ธ 780โ785 $
โก๏ธ 800 $ ๐ฏ
A clean break of 780โ785 $ accompanied by strong volume would, in my view, be a more interesting signal than making a rushed buy in the middle of the range.
โ ๏ธ MY SCENARIO
Iโm not chasing the price at $722.
Iโd rather wait for one of these two scenarios:
๐ข SCENARIO A โ BUY THE DIP
722โ705 $ โ stabilization โ confirmed rebound โ gradual entry
๐ SCENARIO B โ BREAKOUT
780โ785 $ broken with volume โ confirmation โ looking for an entry on the retest
โ If $BNB loses 700 $ sustainably, I strongly reduce my bullish bias in the short term.
๐ก MY ESSENTIAL RULE
Never enter just because the price โlooks cheap.โ
Iโm waiting for:
LEVEL + CONFIRMATION + VOLUME + RISK MANAGEMENT
๐ฅ QUESTION FOR THE COMMUNITY
Do you think $BNB will:
๐ break 785 $ and target 800 $+?
or
๐ come back to grab 700โ705 $ before resuming?
๐ Share your scenario in the comments.
๐ Watch the live $BNB chart on Binance Square.
#BNBUSDT #Binance #Crypto #Trading #CryptoAnalysis #BNBChain #Altcoins #CryptoTrading
$BNB is currently trading around $722, after reaching nearly $780 $ at the start of September.
The question is no longer just whether BNB will remain bullish in the long term.
๐ The real question is: where is the next interesting entry zone?
๐ MY LEVELS TO WATCH
๐ข 720โ725 $ โ Immediate support
This is the first zone Iโm watching.
If buyers defend this zone and volume returns, a rebound toward 740โ760 $ could be set up.
๐ก 700โ705 $ โ Strategic support
A pullback to this zone could offer a better risk/reward ratio for patient buyers.
๐ BULLISH SIDE
The first positive signal would be a reclaim of 740โ742 $.
Then I would watch:
โก๏ธ 757โ760 $
โก๏ธ 780โ785 $
โก๏ธ 800 $ ๐ฏ
A clean break of 780โ785 $ accompanied by strong volume would, in my view, be a more interesting signal than making a rushed buy in the middle of the range.
โ ๏ธ MY SCENARIO
Iโm not chasing the price at $722.
Iโd rather wait for one of these two scenarios:
๐ข SCENARIO A โ BUY THE DIP
722โ705 $ โ stabilization โ confirmed rebound โ gradual entry
๐ SCENARIO B โ BREAKOUT
780โ785 $ broken with volume โ confirmation โ looking for an entry on the retest
โ If $BNB loses 700 $ sustainably, I strongly reduce my bullish bias in the short term.
๐ก MY ESSENTIAL RULE
Never enter just because the price โlooks cheap.โ
Iโm waiting for:
LEVEL + CONFIRMATION + VOLUME + RISK MANAGEMENT
๐ฅ QUESTION FOR THE COMMUNITY
Do you think $BNB will:
๐ break 785 $ and target 800 $+?
or
๐ come back to grab 700โ705 $ before resuming?
๐ Share your scenario in the comments.
๐ Watch the live $BNB chart on Binance Square.
#BNBUSDT #Binance #Crypto #Trading #CryptoAnalysis #BNBChain #Altcoins #CryptoTrading