$BNB has made a strong short-term recovery from the 730.38 area, but I'm noticing that the latest push toward 732.8 is starting to pull back. I'm watching whether sellers can push price below the moving average or buyers manage to defend this recovery.
BNB/USDT is trading at 732.18, with the MA60 at 731.67. For me, the immediate resistance zone is around 732.43–732.95, while 731.92 is the first nearby level to watch.
📍 Entry: 732.43–732.95 after confirmed rejection 🎯 TP1: 731.92 🎯 TP2: 731.41 🎯 TP3: 730.90 🛑 Invalidation: Above 732.95
I'd only consider a short if BNB retests the resistance zone, gets rejected, and starts losing momentum. Price is still above the MA60, so jumping into a short too early could mean trading against the ongoing recovery.
If BNB breaks and holds above 732.95, I'd step away from this short idea because the rejection setup would be weakened.
My plan: wait for price to confirm the rejection before taking action. These are tight, short-term chart levels, and if sellers don't show up, I'll leave the setup alone rather than force a trade.
BNB/USDT is trading at 732.18, with the MA60 at 731.67. For me, the immediate resistance zone is around 732.43–732.95, while 731.92 is the first nearby level to watch.
📍 Entry: 732.43–732.95 after confirmed rejection 🎯 TP1: 731.92 🎯 TP2: 731.41 🎯 TP3: 730.90 🛑 Invalidation: Above 732.95
I'd only consider a short if BNB retests the resistance zone, gets rejected, and starts losing momentum. Price is still above the MA60, so jumping into a short too early could mean trading against the ongoing recovery.
If BNB breaks and holds above 732.95, I'd step away from this short idea because the rejection setup would be weakened.
My plan: wait for price to confirm the rejection before taking action. These are tight, short-term chart levels, and if sellers don't show up, I'll leave the setup alone rather than force a trade.