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I’m watching $BNB for a short here.
BNB is still trading in a bearish 1H structure after the drop from the $740s. The bounce from $703.8 looks weak so far, and price is struggling to build momentum above the $713–$715 area.
Entry: $712.50–$714.50
Targets:
TP1: $710.00
TP2: $707.00
TP3: $704.00
Stop: $717.50
For me, $717.50 is the key level. As long as BNB stays below it, I’m looking for another move lower. A clean reclaim above that level would invalidate the short idea
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