BNB JUST CONFIRMED THE BREAKOUT—BUT THE REAL TRADE WAS THE RETEST, NOT THE GREEN CANDLE.
$BNB’s latest confirmed H1 candle closed at $794.86. The BOS candle closed above $785.6 on 1.83× its prior 20-candle average volume. Price then retested $786.31 and closed back at $794.86 with 1.96× volume: buyers defended the breakout instead of letting it fail.
Wyckoff: $703 may mark SC, $741.7 AR and $704.3 ST before a potential SOS through $760–$769.6. The $745 reaction may be an LPS. These labels remain provisional.
SMC: bullish BOS is confirmed above $785.6. $766.5 is the Strong Low; $797.5 is the immediate Weak High.
🟢 Bullish: the close and retest are confirmed. Entry $785.6–$790.0; SL $779.5; TP1 $797.5 (1.2R); TP2 $810.0 (2.7R). Invalid on an H1 close below $780. If price stays above the zone, do not chase.
🔴 Bearish: only after an H1 close below $766.5 and a failed reclaim of $766.5–$772.0. SL $785.6; TP1 $745.0 (1.5R); TP2 $732.9 (2.2R). Invalid above $785.6.
Status: TRADE READY — BULLISH RETEST CONFIRMED.
The trap is buying after extension—or shorting before CHoCH.
Does BNB turn $785.6 into support and attack $810, or was this the final liquidity run above the highs? 👀
Paper analysis only. Not financial advice.
$BNB #Wyckoff #SMC
$BNB’s latest confirmed H1 candle closed at $794.86. The BOS candle closed above $785.6 on 1.83× its prior 20-candle average volume. Price then retested $786.31 and closed back at $794.86 with 1.96× volume: buyers defended the breakout instead of letting it fail.
Wyckoff: $703 may mark SC, $741.7 AR and $704.3 ST before a potential SOS through $760–$769.6. The $745 reaction may be an LPS. These labels remain provisional.
SMC: bullish BOS is confirmed above $785.6. $766.5 is the Strong Low; $797.5 is the immediate Weak High.
🟢 Bullish: the close and retest are confirmed. Entry $785.6–$790.0; SL $779.5; TP1 $797.5 (1.2R); TP2 $810.0 (2.7R). Invalid on an H1 close below $780. If price stays above the zone, do not chase.
🔴 Bearish: only after an H1 close below $766.5 and a failed reclaim of $766.5–$772.0. SL $785.6; TP1 $745.0 (1.5R); TP2 $732.9 (2.2R). Invalid above $785.6.
Status: TRADE READY — BULLISH RETEST CONFIRMED.
The trap is buying after extension—or shorting before CHoCH.
Does BNB turn $785.6 into support and attack $810, or was this the final liquidity run above the highs? 👀
Paper analysis only. Not financial advice.
$BNB #Wyckoff #SMC
