$BNB is currently ranging between $722 and $747 after a solid rally earlier this week that took it near $761
The market is in a short-term balance phase, with price consolidating above the key support zone at $730
If BNB breaks above $747 with strong volume, we could see a quick push towards $760–770 as a short-term target
On the downside, a clean break below $722 might lead to a drop toward $704 or even $690
Daily indicators still lean toward cautious bullishness, but today's movement will likely decide the next short-term direction
In my opinion, this is a watch-and-react situation
If you’re already in from lower levels, hold and monitor the $747 breakout
If you’re planning to enter now, here’s a clear trade setup:
Buy Setup (Bullish Scenario):
Entry: After a confirmed breakout above $748 (15–30min candle close with volume)
Target 1: $760
Target 2: $770
Stop Loss: Below $728
Sell Setup (Bearish Scenario):
Entry: If price breaks and closes below $720 with strong selling volume
Target 1: $705
Target 2: $690
Stop Loss: Above $735
What’s your short-term outlook on $BNB? Are you long or short right now?