700 is the line, not the floor.
🔴 $BNB - SHORT
Trade Plan:
Current Price: ~701
Entry Zone: 698 – 714
SL: 730
TP1: 685
TP2: 665
TP3: 640
BNB is retesting the broken $700–$714 shelf after failing to hold above the psychological $700 level, and the bounce is printing lower highs beneath the 4H EMA cluster. Volume profile shows the heaviest trapped inventory at $700–$715, meaning every rally into this band is being sold by late longs. Funding remains mildly positive while price fails to reclaim the shelf — a distribution signature, not accumulation. A clean 4H close below $685 opens the thin liquidity void toward $665 and the $640 measured-move extension. Invalidation is tight above $730, keeping the R:R asymmetric.
Are you fading the $714 retest or waiting for $685 to break?
Click below for trade 👇
DYOR & manage risk!
🔴 $BNB - SHORT
Trade Plan:
Current Price: ~701
Entry Zone: 698 – 714
SL: 730
TP1: 685
TP2: 665
TP3: 640
BNB is retesting the broken $700–$714 shelf after failing to hold above the psychological $700 level, and the bounce is printing lower highs beneath the 4H EMA cluster. Volume profile shows the heaviest trapped inventory at $700–$715, meaning every rally into this band is being sold by late longs. Funding remains mildly positive while price fails to reclaim the shelf — a distribution signature, not accumulation. A clean 4H close below $685 opens the thin liquidity void toward $665 and the $640 measured-move extension. Invalidation is tight above $730, keeping the R:R asymmetric.
Are you fading the $714 retest or waiting for $685 to break?
Click below for trade 👇
DYOR & manage risk!
