today's support at 744.94 is bnb's previous high, resting on the 50 ema and trendline confluence, with rsi printing a hidden bullish divergence. this setup suggests a continued uptrend, targeting 790.29 where fibo extension and next resistance intersect. stop on any bearish invalidation below 714.71, where the 61.8% fibo and daily open align.
Price at 774.1 is critical today, marking this morning's liq sweep low which was swiftly reclaimed. This level also aligns with the 61.8% Fibonacci retracement of yesterday's sell-off, suggesting a potential resistance turn. Williams %R has recovered to -55.7, hinting at bull exhaustion. I'm shorting here, targeting the July 25th low at 731.62. Stop loss at prior range high of 802.42 invalidates this setup
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