I've been tracking $BNB closely throughout the US & London Overlap, and the 1H chart is setting up a clean risk-reward play.
Right now, $BNB is trading around $685.900 (+1.75% over the last 24 hours) with $53.1M in spot turnover. Meanwhile, traders are also reacting to today's macro headline: "Crypto Long & Short: The GENIUS Act’s guarantees don’t cover DeFi lending".
📊 Key Levels on My 1H Chart:
📍 Current Price: $685.900
🛡️ Demand Zone (Support): $676.770
🚧 Supply Wall (Resistance): $689.300
📈 Trend Filter: 1H EMA-20 at $683.310 | ⚡ RSI(14) at 56.4
🟢 How I'm Playing the Upside:
I don't like chasing middle-of-the-range candles. My ideal long entry is either a clean retest and bounce off $676.770, or a confirmed 1H close above $689.300 with volume, keeping invalidation tight below $666.618.
🔴 What Flips Me Bearish:
If buyers fail to hold $676.770 and we see heavy sell volume, I'll step aside and wait for the liquidity sweep to finish before looking for entries alongside $BTC and $ETH.
💬 How are you trading $BNB today — Long, Short, or waiting for confirmation? Let's compare notes in the comments! 👇
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