$BNB
failed to hold above the $850 level and is now trading below key moving averages. The price was rejected near $883.86, which is now acting as a short-term resistance. Immediate support sits around the $830–820 zone, with a stronger support level seen at $818.57, the recent local low.
Technical Outlook:
MA(7): 843.37 (currently below price, acting as minor resistance)
MA(25): 858.90 (major resistance zone)
MA(99): 844.33 (also flipped to resistance)
Trade Idea (Short-Term):
Resistance: $858 – $884
Support Zone: $830 – $818
TP1: $858
TP2: $875
SL (Stop Loss): Below $818
Market is slightly bearish short-term but still holding higher timeframe structure. Watching for a reaction near $830. A bounce from support could trigger a quick recovery toward the 25MA.
Trade safe. No FOMO.