On the 1H chart,
$BNB is forming a Head & Shoulders after a strong sell-off from the 900+ region.
Left Shoulder: ~785–790
Head: ~728 (marked low on chart)
Right Shoulder: ~770–775
Neckline / Supply Zone: 780–785
Current price is trading below the neckline, which keeps the structure bearish unless invalidated.
🔽 Bearish Scenario (Pattern Confirmation)
If price fails to reclaim 780–785 and shows rejection:
First downside: 745–750
Key support retest: 728
If 728 breaks decisively:
Next downside zones: 700 → 680
This aligns with the measured move of the H&S pattern.
🔼 Bullish Invalidation Scenari