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I’m watching $BNB for a short here.
BNB got rejected from the $741 area and the 1H chart has been printing lower highs since. The bounce around $724–$725 is holding for now, but price is still struggling to regain the $730 area, so sellers still look slightly stronger here.
Entry: $727.00–$729.00
Targets:
TP1: $724.50
TP2: $722.00
TP3: $718.50
Stop: $731.80
For me, $732 is the key level. As long as BNB stays below it, I’m looking for another move lower. A clean reclaim above $732 would invalidate the short idea.
#CoinDeskRevealsGateRWAPerpetualsTop3Globally #AugustCoreCPIBeatsExpectations