I’m looking at $BNB /USDT pushing back toward 720 after recovering from the 717.19 area. Price is now around 719.99 and holding above the MA60 at 718.05, which keeps the short-term structure constructive.
For me, the immediate level is 720.63. If BNB can break and hold above that area, I’d like to see a move toward the visible 723.42 high.
📍 Entry: 719.25–719.99
🎯 TP1: 720.63
🎯 TP2: 723.42
🎯 TP3: Not clearly available on this chart
🛑 Invalidation: 718.57
If price loses 718.57, I’d step away from this setup because that would weaken the current recovery and bring price back toward the MA60 area.
I’m not looking to chase a breakout blindly. I’d rather see BNB hold above 719.25 and push through 720.63 with some strength. For now, buyers have the edge, but the chart is still showing short-term price action, so I’d keep the setup flexible.
For me, the immediate level is 720.63. If BNB can break and hold above that area, I’d like to see a move toward the visible 723.42 high.
📍 Entry: 719.25–719.99
🎯 TP1: 720.63
🎯 TP2: 723.42
🎯 TP3: Not clearly available on this chart
🛑 Invalidation: 718.57
If price loses 718.57, I’d step away from this setup because that would weaken the current recovery and bring price back toward the MA60 area.
I’m not looking to chase a breakout blindly. I’d rather see BNB hold above 719.25 and push through 720.63 with some strength. For now, buyers have the edge, but the chart is still showing short-term price action, so I’d keep the setup flexible.