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 Scenario

The bearish structure is invalid only if:

Strong 1H close above 785

Follow-through acceptance above 790

If that happens:

Short-term recovery toward 810–830

Still a relief bounce, not trend reversal unless higher timeframes flip