Entry Point: Nearly $743 to $750 and this is dependent on the creation of a rejection candlestick
Base Support Level: $715 (Primary Minor Threshold)
Second Target: $680-685 (Distinctive Support Level)
Stop Loss Level: Above 760
The resistance point that BNB has hit is solid.
Momentum seems to be losing its momentum.
Watch out for bearish confirmation candlestick around the 750 mark.
Signal:
Open a short position in BNB when its price range is between $743 and $750.
Projected Levels: $715 and then $680