$BNB /USDT BEARISH MOVE EXPECTED AS PRICE FAILS TO HOLD ABOVE KEY SUPPORT LEVELS
BNB is showing signs of weakness as the price struggles to stay above the $1,067 zone. The candles are closing below the MA(7) and MA(25) averages, indicating fading short-term bullish momentum. With MA(99) sitting higher at $1,076, the market is likely preparing for a downward correction. If the support at $1,052 fails to hold, we can expect a deeper pullback toward the $1,030–$1,020 range.
🔹Trade Setup:
Entry (Short): $1,067 – $1,070
Take Profit (TP): $1,045 / $1,030
Stop Loss (SL): $1,083
Market Outlook:
BNB remains under mild selling pressure amid overall crypto market consolidation. A temporary bounce may occur, but momentum indicators (MACD & RSI) suggest bears are gradually gaining control. Traders should watch for a confirmed close below $1,050 for stronger bearish continuation.
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