$BNB /USDT BEARISH PRESSURE INTENSIFIES AS PRICE HOVERS BELOW KEY MOVING AVERAGES
BNB is struggling to regain bullish strength as the price remains stuck around $1,067, slightly below the MA(7) and MA(25) levels โ signaling growing bearish sentiment. The MA(99) at $1,076 continues to act as a dynamic resistance, keeping upside moves capped. Momentum indicators like MACD and RSI point toward weakening buying interest, suggesting a possible dip if the $1,052 support zone fails. A break below this level could open the path toward $1,035โ$1,020 in the short term.
๐นTrade Setup:
Entry (Short): $1,067 โ $1,070
Take Profit (TP): $1,045 / $1,030
Stop Loss (SL): $1,083
Market Outlook:
BNB remains under steady selling pressure as bears dominate intraday momentum. Unless bulls reclaim and close above $1,076, the bias stays bearish for the near term. Short-term traders should monitor volume spikes for potential breakdown confirmation.
