$BNB IS TESTING THE LINE AND THIS IS WHERE I’M PAYING ATTENTION
BNB is hovering near $700 after a sharp selloff. This is not a “buy because it dropped” moment, it’s a decision zone.
coingecko
The market is asking one question: does $683 hold, or does BNB break down further?
Here’s my current watchlist:
🟢 Potential entry: a strong reclaim and hold above $705
🛑 Invalidation: a clean break below $683
🎯 First target: $720
🎯 Second target: $740
From a $705 entry, that’s about 3.1% risk to invalidation, with roughly 2.1% to the first target and 5.0% to the second—before fees and slippage.
I’m not entering yet. I want price to show me it can reclaim lost ground not just bounce once.
If $683 gives way, no trade. I wait for the next clean structure.
👇 Are you watching for a reclaim above $700 or a deeper flush toward the lows?
#bnb #Binance #cryptotrading #TradingSetup
BNB is hovering near $700 after a sharp selloff. This is not a “buy because it dropped” moment, it’s a decision zone.
coingecko
The market is asking one question: does $683 hold, or does BNB break down further?
Here’s my current watchlist:
🟢 Potential entry: a strong reclaim and hold above $705
🛑 Invalidation: a clean break below $683
🎯 First target: $720
🎯 Second target: $740
From a $705 entry, that’s about 3.1% risk to invalidation, with roughly 2.1% to the first target and 5.0% to the second—before fees and slippage.
I’m not entering yet. I want price to show me it can reclaim lost ground not just bounce once.
If $683 gives way, no trade. I wait for the next clean structure.
👇 Are you watching for a reclaim above $700 or a deeper flush toward the lows?
#bnb #Binance #cryptotrading #TradingSetup
