$BNB /USDT – Massive Red Candle Hits the Chart! Big Drop Alert
#BNB just took a sharp hit, plunging from a local high of $604.44 to a low of $594.01 in a matter of minutes. This sudden -1.34% drop within a short 30-minute window signals strong selling pressure, likely due to broader market panic or high-volume liquidations. The quick shift from steady consolidation into a steep fall shows that buyers lost grip near the $600 mark—an important psychological level now acting as resistance.
Traders should approach with caution but keep a close eye on the $594 support zone. If this level holds, a technical bounce back toward $598–$602 could offer a quick scalp opportunity. However, a breakdown below $594 could drag price further toward $585 or even $572 support zones. Use tight stop-losses and avoid over-leveraging in these volatile conditions. Momentum is now with sellers, and smart entries on retests may offer profitable short setups.
Trade Here on $BNB