$BNB /USDT – BEARS HOLD STRONG AS BNB FAILS TO RECLAIM KEY MOVING AVERAGES!
BNB is trading near $1,067, facing persistent selling pressure after multiple failed attempts to break above $1,072 resistance. The price remains below all key moving averages (MA7, MA25, and MA99), confirming a bearish short-term trend. Momentum indicators such as MACD and RSI show weakness, suggesting sellers still dominate. If BNB drops below the $1,062 support zone, further downside toward $1,050–$1,040 may follow. Bulls must reclaim $1,080+ to shift the sentiment.
🔹Trade Setup:
Entry (Short): $1,067 – $1,070
Target (TP): $1,052 / $1,040
Stop Loss (SL): $1,082
Market Outlook:
BNB remains in a bearish consolidation phase. Despite long-term growth, short-term sentiment is clearly tilted toward sellers. As long as price stays below $1,075–$1,080, the path of least resistance remains downward. A break below $1,062 could accelerate the sell-off.
