Is it time to short $BNB at 700?
Watching this level closely. Sellers are in control below the EMA50 at 713.
Entry 699.1–700.1 (short)
Targets 695.9 → 693.5 → 689.8
Invalidation 705.7
- 4H at 700, sellers still have the trend below the EMA50 at 713.
- RSI is at 51 on the 1H, there's room to drop.
- Funding +0.022%, longs are paying to hold while the crowd sits on the other side.
NFA, DYOR.
Watching this level closely. Sellers are in control below the EMA50 at 713.
Entry 699.1–700.1 (short)
Targets 695.9 → 693.5 → 689.8
Invalidation 705.7
- 4H at 700, sellers still have the trend below the EMA50 at 713.
- RSI is at 51 on the 1H, there's room to drop.
- Funding +0.022%, longs are paying to hold while the crowd sits on the other side.
NFA, DYOR.
