$BNB BNB Intraday Setup – Eyes on Reversal Confirmation
🕐 1-Hour Timeframe View:
Volatility spike followed by profit booking.
Strong support around $761, where buyers previously stepped in.
Resistance lies near $782.78, then $797.97.
📌 Strategy:
Bullish if price closes back above $790.
Bearish continuation if we break $761 with volume.
📊 Sentiment extremely bearish short-term (81.90% sell orders) – could set up for a short squeeze if bulls defend support.
🎯 Intraday traders: scalp bounce plays with tight stops, or wait for clear directional confirmation.