#$BNB is approaching a resistance-based short setup after trading near $695 and struggling to establish a confirmed breakout. Sellers need to defend the $704–$709 supply zone, while buyers must reclaim this area to strengthen bullish momentum.
EP: $704–$709
TP1: $696
TP2: $686
TP3: $680
SL: $714
The $709 resistance area is the key decision point, while $686 and $680 represent nearby downside liquidity zones. A bearish rejection could create a pullback opportunity, but a sustained breakout above $714 invalidates this setup. Wait for price to reach the entry zone first.#JobsReportRaisesHikeOdds #WillAnthropicListOnTime #HKSFCPlansToRestrictCryptoAndExchangeTerms
EP: $704–$709
TP1: $696
TP2: $686
TP3: $680
SL: $714
The $709 resistance area is the key decision point, while $686 and $680 represent nearby downside liquidity zones. A bearish rejection could create a pullback opportunity, but a sustained breakout above $714 invalidates this setup. Wait for price to reach the entry zone first.#JobsReportRaisesHikeOdds #WillAnthropicListOnTime #HKSFCPlansToRestrictCryptoAndExchangeTerms