$BNB
BNB/USDT – Sellers Still in Control
BNB remains under pressure on the lower timeframes.
Both the 1H and 4H charts are leaning bearish, with price trading below short-term moving averages and momentum still favoring the sellers.
Key Levels to Watch:
Support: 674 – 680
Resistance: 690 – 697
Conditional Short Setup
Entry Zone: 690 – 697
Stop Loss: 705
Targets:
TP1: 680
TP2: 674
TP3: 665
What to Wait For:
Look for a clear rejection (wick rejection or bearish candle) on the 1H or 4H timeframe inside the 690–697 zone. Price should fail to close above 697. Ideally, RSI stays below 50 on the 4H.
This is a conditional setup only. If price breaks and holds above 697–700 with strength, the short idea is invalid. No trade is forced — wait for confirmation.
Would you take the short here, or are you waiting for a deeper pullback first? Drop your view below.
#BNB #BNBUSDT #BinanceSquare
BNB/USDT – Sellers Still in Control
BNB remains under pressure on the lower timeframes.
Both the 1H and 4H charts are leaning bearish, with price trading below short-term moving averages and momentum still favoring the sellers.
Key Levels to Watch:
Support: 674 – 680
Resistance: 690 – 697
Conditional Short Setup
Entry Zone: 690 – 697
Stop Loss: 705
Targets:
TP1: 680
TP2: 674
TP3: 665
What to Wait For:
Look for a clear rejection (wick rejection or bearish candle) on the 1H or 4H timeframe inside the 690–697 zone. Price should fail to close above 697. Ideally, RSI stays below 50 on the 4H.
This is a conditional setup only. If price breaks and holds above 697–700 with strength, the short idea is invalid. No trade is forced — wait for confirmation.
Would you take the short here, or are you waiting for a deeper pullback first? Drop your view below.
#BNB #BNBUSDT #BinanceSquare
