BNB
ā ļø -2.28% bleed ā BNB down to 1,102.47, but volume tells a different story.
š Key Levels:
1,337.89 ā Heavy resistance, rejection zone
1,102.47 ā Current support (0.618 Fib),
holding for now
1,068.30 ā Make-or-break level, 0.5 Fib + trendline
961.07 ā Bear target if support cracks
š Bull Case:
+25.24% surge to 1,628 ā trapped shorts?
34.17 ā 2.51 dip on low volume ā fakeout?
RSI reset, bullish divergence forming
Hold 1,068 ā relief rally to 1,200+
š» Bear Case:
107.23 (10%) dump at 750 ā whale exit
Descending trendline still intact
Break 1,068 ā fast slide to 961, then 900
šÆ Trade Plan:
Long: Buy 1,068ā1,080 dip ā target 1,200 ā 1,337
Short: Fade rally at 1,102 rejection ā stop above 1,150 ā target 1,000 ā 961
BNB flirting with danger.
1,068 holds = bounce
Lose it = 900 incoming
#bnb $BNB