📉 $BNB /USDT
BNB faced a strong rejection near $959, followed by a sharp sell-off that swept liquidity down to the $728 support zone — a classic stop-loss hunt move.
🔍 Technical Overview:
• Current price hovering around $779
• Price is below MA(7), MA(25), and MA(99) → bearish market structure
• High sell volume confirms panic selling and forced liquidations
• Long lower wick near $728 shows buyers stepped in aggressively
📌 Key Levels to Watch:
• Support: $728 – $740 (critical demand zone)
• Resistance: $825 → $880 → $905
• A daily close above $825 may signal short-term relief
• A clean break below $728 could open the door for further downside
🧠 Market Insight:
This move likely flushed out weak hands. Now the focus should be on confirmation, not prediction. Let price show its direction before committing.
⚠️ Reminder:
Trade levels, manage risk, and stay patient.
Emotions are expensive in volatile markets.