🚨 MARKET ALERT: BNB/USDT Plummets! 📉
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Volatility has hit BNB! After a strong surge that took the price to a high of $1,278.52 in the last 24h, there has been an aggressive reversal.
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The BNB/USDT pair is now recording a drop of -14.33%, trading at $1,077.68.
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What's happening:
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* Intense Selling Pressure: The long red candle dominates the chart, indicating massive profit-taking or panic selling.
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* Surge in Volume: The Volume (VOL) in the last 24h is skyrocketing, confirming the significance of this movement. It’s a sign that large players are acting.
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* Support Test: The current price is testing the short/medium-term Moving Average (MA) region (purple line). This is the crucial point!
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Attention, Traders:
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If the price can hold and close above the Moving Average, there may be an attempt at recovery (the famous "buy the dip"). However, losing this support paves the way to test the day's low at $860.11.
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👉 What’s your strategy? Are you buying the dip or waiting for more correction? Comment below! 👇
