$BNB
15M STRUCTURE: BEARISH CONTINUATION SETUP
BNB is currently trading around $612.01 after a sharp rejection from $620.55. The structure has shifted into lower highs and lower lows, while price remains below the EMA(25) at $613.60. The recent bounce from $608.99 looks more like a relief move after a liquidity sweep than a confirmed trend reversal.
The key resistance zone is $613.60–$615.06. Unless price reclaims and holds this area with strong buying pressure, sellers remain in control. The EMA(7) near $612.09 is also flattening, showing that short-term momentum has not yet turned decisively bullish.
EP: $613.40–$614.00
TP:
$611.20
$609.00
$606.00
SL: $615.60
Current trend strength remains bearish on the 15M structure, with the $620.55 rejection followed by consistent lower highs.
Momentum is attempting a recovery, but price is still below the key $613.60–$615.06 supply area, keeping the structure biased toward another downside move.
The $608.99 liquidity sweep is the main downside magnet; failure to reclaim $615.06 can open the path toward $609.00 and then $606.00.
$BNB
#OCCSaysDigitalFirmsCanSeekNationalBankStatus #SuperMicroForecastsAboveEstimatesSharesJump9% #SenateDelaysCLARITYActVoteToSeptember #SenateDelaysCLARITYActVoteToSeptember
15M STRUCTURE: BEARISH CONTINUATION SETUP
BNB is currently trading around $612.01 after a sharp rejection from $620.55. The structure has shifted into lower highs and lower lows, while price remains below the EMA(25) at $613.60. The recent bounce from $608.99 looks more like a relief move after a liquidity sweep than a confirmed trend reversal.
The key resistance zone is $613.60–$615.06. Unless price reclaims and holds this area with strong buying pressure, sellers remain in control. The EMA(7) near $612.09 is also flattening, showing that short-term momentum has not yet turned decisively bullish.
EP: $613.40–$614.00
TP:
$611.20
$609.00
$606.00
SL: $615.60
Current trend strength remains bearish on the 15M structure, with the $620.55 rejection followed by consistent lower highs.
Momentum is attempting a recovery, but price is still below the key $613.60–$615.06 supply area, keeping the structure biased toward another downside move.
The $608.99 liquidity sweep is the main downside magnet; failure to reclaim $615.06 can open the path toward $609.00 and then $606.00.
$BNB
#OCCSaysDigitalFirmsCanSeekNationalBankStatus #SuperMicroForecastsAboveEstimatesSharesJump9% #SenateDelaysCLARITYActVoteToSeptember #SenateDelaysCLARITYActVoteToSeptember