#bnb 🚨 $BNB : CRASH TO $684! SELLERS HAVE TAKEN CONTROL — NEXT TARGET $677 OR A FALSE BREAKOUT?
BNB swept the BSL above $718–723.99 and formed a powerful bearish displacement down to $684.04 on elevated volume. We are now seeing a corrective recovery toward $694.
🔴 PLAN A — SHORT (priority)
POI: $696.80–699.00
Potential trade after M5 confirmation:
Entry: $697–699
SL: $701
TP1: $690.57
TP2: $687.48
TP3: $684.04
🟢 PLAN B — LONG
POI: $690.50–692.00
Only after sweeping the SSL and a Bullish MSS on M5:
Entry: $691–692
SL: $688
TP1: $696.80
TP2: $699
TP3: $704.37
INVALIDATION: A close below $684.04 would weaken the recovery scenario. A break below $677.76 would strengthen bearish delivery.
⚠️ Entry is not automatic: we wait for Liquidity Sweep → MSS → Displacement → FVG/IFVG Retest. POI ≠ Entry. The stated SLs are preliminary and will be refined based on the extreme of the confirmed setup.
My Bias: BEARISH. Don't chase price — wait for confirmation!
🔥 Can BNB hold $684, or will sellers send the price down to $677?
#BNB #BNBUSDT #CryptoTrading #PriceAction #BinanceSquare
$BNB
$QNT
$ENA