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$BNB /USDT – Oversold Bounce or Breakdown Imminent? ⚠️
$BNB is under pressure, trading at $662.13 after a 1.16% drop. RSI is deep in the oversold zone—could a bounce be near, or are we heading lower? Let’s dissect the chart! 🔍
📊 Market Overview
📍 Current Price: $662.13
📈 24h High: $672.16
❄️ 24h Low: $661.30
📊 Parabolic SAR: Not triggered – trend still bearish
📈 Moving Averages:
MA(7): $665.32
MA(25): $666.81
MA(99): $662.07
📉 MACD Momentum: (Not visible – watch for confirmation on crossover)
📊 RSI(6): 25.51 (Oversold – potential bounce zone)
📈 BNB Trade Setup – Key Levels to Watch
🔹 Bullish Scenario (If BNB Reclaims $665+):
Entry: Above $666
Targets: $672, $680, $688+
Stop-Loss: $653
🔹 Bearish Scenario (If BNB Loses $653):
Entry: Below $653
Targets: $645, $639, $630
Stop-Loss: $666
🔍 Should You Hold or Sell?
✅ RSI under 30 = extremely oversold, potential short-term reversal
✅ Holding near MA(99) = make-or-break level
⚠️ If $653 breaks, downside may accelerate toward $630
💡 Pro Tip:
🚀 Watch for volume spike near $665—could signal reversal
📉 Weak bounce without volume = trap for bulls—stay disciplined
📢 What’s your game plan for BNB—buy the dip or wait it out? Share your thoughts!
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$BNB #BNB #BNBUSDT #Binance #Crypto #Write2Earn!