I’m watching $BNB around 724.87, and the first thing that stands out is the rejection from the recent dip near 724.41. Price has bounced, but it’s still sitting below the visible MA60 at 726.28, so I’m not treating this as a confirmed bullish move yet.
For me, the key area is 724.41–724.87. If price holds above the recent low and starts pushing through the nearby 725.25 area, the setup becomes more interesting. I’d want to see that strength continue rather than chase a weak bounce.
📍 Entry: 724.87 area, only if price holds this zone
🎯 TP1: 725.25
🎯 TP2: 725.66
🎯 TP3: 726.08
🛑 Invalidation: 724.41
If price loses 724.41, I’d step away from this setup because that would break the visible recent low and weaken the bounce idea.
The bigger level I’m watching above is 726.28, where the visible MA60 sits. Until BNB can reclaim that area, I’d stay cautious with the upside.
I’m watching the reaction around 724.41–725.25 rather than forcing an entry. Confirmation matters more than chasing the move.
For me, the key area is 724.41–724.87. If price holds above the recent low and starts pushing through the nearby 725.25 area, the setup becomes more interesting. I’d want to see that strength continue rather than chase a weak bounce.
📍 Entry: 724.87 area, only if price holds this zone
🎯 TP1: 725.25
🎯 TP2: 725.66
🎯 TP3: 726.08
🛑 Invalidation: 724.41
If price loses 724.41, I’d step away from this setup because that would break the visible recent low and weaken the bounce idea.
The bigger level I’m watching above is 726.28, where the visible MA60 sits. Until BNB can reclaim that area, I’d stay cautious with the upside.
I’m watching the reaction around 724.41–725.25 rather than forcing an entry. Confirmation matters more than chasing the move.