I’m looking at $BNB /USDT on the 15m chart, and the short-term structure has turned weak after the rejection from 769.33. Price is now around 762.21 and sitting below the visible MA(7), MA(25), and MA(99), which keeps the immediate momentum cautious.
For me, the key area is around 763.28–764.66. I’d like to see price remain below this zone or retest it and get rejected before considering the setup attractive. The next visible downside levels are 759.86 and 756.45, with 753.81 as the previous marked low.
📍 Entry: 762.21–763.28
🎯 TP1: 759.86
🎯 TP2: 756.45
🎯 TP3: 753.81
🛑 Invalidation: 764.66
If price loses 763.28 and continues holding below the moving-average cluster, I’d be more comfortable with the bearish idea. If price reclaims 764.66, I’d step away because the short-term weakness would be less convincing.
I’m not chasing the move here. I’d rather wait for confirmation around the 763–764.66 area and let the chart show whether sellers can maintain control.
For me, the key area is around 763.28–764.66. I’d like to see price remain below this zone or retest it and get rejected before considering the setup attractive. The next visible downside levels are 759.86 and 756.45, with 753.81 as the previous marked low.
📍 Entry: 762.21–763.28
🎯 TP1: 759.86
🎯 TP2: 756.45
🎯 TP3: 753.81
🛑 Invalidation: 764.66
If price loses 763.28 and continues holding below the moving-average cluster, I’d be more comfortable with the bearish idea. If price reclaims 764.66, I’d step away because the short-term weakness would be less convincing.
I’m not chasing the move here. I’d rather wait for confirmation around the 763–764.66 area and let the chart show whether sellers can maintain control.
