$BNB /USD BEARISH BREAKDOWN — PRICE SLIPS BELOW KEY SUPPORT, EYES DEEPER CORRECTION
BNB has turned sharply bearish after failing to hold above the $1,260–$1,280 support zone. The price is now trading around $1,239, breaking below the short-term trendline and signaling increasing downside momentum. The EMA20 and EMA50 are sloping downward, confirming sustained selling pressure. With the MACD expanding in negative territory and RSI hovering near oversold levels, a short-term relief bounce is possible — but the broader outlook remains weak unless price reclaims $1,270.
Trade Setup (Short Position)
Entry: $1,240 – $1,245
Take-Profit (TP):
TP1: $1,220
TP2: $1,200
Stop-Loss (SL): $1,270
Risk/Reward: ~1:2.5
Market Outlook
BNB is likely to remain under pressure in the near term as sellers dominate below $1,250. A daily close under $1,230 could trigger further decline toward $1,200–$1,180. Bulls will need to push the price back above $1,270 to regain control and invalidate this bearish scenario.
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