$BNB /USDT – BEARISH PRESSURE EMERGING, WATCH SUPPORTS 🔻
$BNB is currently trading at 872.07 USDT, slightly below its recent high of 883.55 USDT. Price is testing short-term moving averages (MA7: 870.56, MA25: 869.42) while sitting just below the MA99 (873.44), signaling early bearish pressure. Volume remains moderate, suggesting that while selling is present, a strong trend has not yet been confirmed. Traders should watch the immediate support and resistance levels for potential pullbacks or breakdowns.
📊 Trade Setup
Entry Zone:
Short: 872 – 875 USDT (if price breaks below MA7/MA25 convincingly)
Long (aggressive dip-buy): 860 – 865 USDT (near strong historical support)
Take Profits (TP):
TP1: 856 USDT (first key support)
TP2: 850 USDT (secondary support if bearish momentum strengthens)
TP Long: 880 – 883 USDT (resistance zone)
Stop Loss (SL):
Short SL: 878 USDT (above recent resistance)
Long SL: 854 USDT (below support zone)
📈 Short Market Outlook
Trend: Neutral-to-Bearish in short term, sideways in daily.
Momentum: Selling pressure slightly outweighs buying, but volume is not strong.
Key Levels:
Support: 856 / 850 USDT
Resistance: 875 / 883 USDT
Price is currently hovering around the confluence of short-term MAs; a decisive move above 875 could resume bullish momentum, while a break below 856 could trigger further downside.
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