Binance Coin / TetherUS forum
HA-High indicator is showing signs of forming at 627.55.
Accordingly, if the HA-High indicator is generated at the 627.55 point, it is important to check whether there is support near that point.
If it fails to receive support, you should check whether there is support near 587.58-595.0.
tradingview.com/x/vvFKgvMA/

This Binance Coin (BNB) against Tether (USDT) 4-hour chart integrates Smart Money Concepts (SMC), Fibonacci retracement levels, and Fair Value Gaps (FVG) to refine trade setups.
Key Market Structure & Indicators:
Fibonacci Retracement Levels:
0.382: 647.40 USDT
0.5: 642.51 USDT
0.618: 631.25 USDT
0.786: 619.99 USDT
These retracement zones highlight probable reversal points for trade entries.
Price Action & SMC:
Break of Structure (BOS) observed near 660.54 USDT, confirming trend continuation.
Change of Character (CHoCH) detected near 615.35 USDT, suggesting potential reversal.
Fair Value Gap (FVG) noted at 601.04 USDT, marking critical liquidity activity.
RSI & MACD Insights:
RSI: 77.68, indicating overbought conditions—potential retracement likely.
MACD: Momentum slowing, signaling possible consolidation.
Sell Strategy:
Entry: 660.54 USDT (Liquidity grab rejection near resistance)
TP1: 647.40 USDT (13.14 USDT gain)
TP2: 631.25 USDT (29.29 USDT gain)
SL: 670.00 USDT (9.46 USDT risk)
Buy Strategy:
Entry: 631.25 USDT (Fibonacci retracement support)
TP1: 647.40 USDT (16.15 USDT gain)
TP2: 660.54 USDT (29.29 USDT gain)
SL: 619.99 USDT (11.26 USDT risk)
The key is whether it can support around 583.54-595.0 and rise above 622.50.
The 622.50 point is considered a possible breakout point.
If it falls below 583.54, it is expected to determine the trend again by touching the M-Signal indicator on the 1M chart.
tradingview.com/x/w2aSkVyD/
