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I’m watching $BNB for a short here.
BNB has had a strong move into the $701–$703 area, and price is now sitting close to the recent high. After this kind of run, I’d rather look for a rejection than chase the move higher.
Entry: $701.50–$703.00
Targets:
TP1: $698.00
TP2: $694.00
TP3: $690.50
SL: Above $705.50
For me, $703 is the key level. As long as BNB struggles below it, a pullback makes sense. If buyers reclaim $703–$705 cleanly, I’d drop the short idea.
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