📈 $BNB Is Facing Rejection at the $745 Zone — Can the Bears Strike Back?
I’m leaning toward a SHORT scenario for $BNB if the price continues to be rejected at the $745–751 resistance zone.
📍 Entry zone: $742–745
• TP1: $738
• TP2: $735
• Final TP: $730
🛑 SL: $751
BNB has faced selling pressure around $745 several times following a strong recovery. If buyers can’t break through resistance, the price could return to test the $735–730 zone.
⚠️ However, I’ll wait for confirmation of rejection before entering a trade—I won’t SHORT just because the price touches resistance. If BNB breaks out and holds above $751, the bearish scenario will be invalidated.
I’m leaning toward a SHORT scenario for $BNB if the price continues to be rejected at the $745–751 resistance zone.
📍 Entry zone: $742–745
• TP1: $738
• TP2: $735
• Final TP: $730
🛑 SL: $751
BNB has faced selling pressure around $745 several times following a strong recovery. If buyers can’t break through resistance, the price could return to test the $735–730 zone.
⚠️ However, I’ll wait for confirmation of rejection before entering a trade—I won’t SHORT just because the price touches resistance. If BNB breaks out and holds above $751, the bearish scenario will be invalidated.