$BNB – BEARISH PRESSURE BUILDING
$BNB USDT is currently trading at $662.50 (-2.70%), pulling back from the recent high of $691.35. The price is now below both the MA(7) at $675.36 and MA(25) at $666.08, suggesting a shift in momentum. However, it’s still holding above the MA(99) at $651.20, which acts as the last key support before a deeper drop.
TRADE SETUP – POTENTIAL SHORT OPPORTUNITY
Short Entry: $663 – $667
TP1: $652 (MA99)
TP2: $643
TP3: $630
Stop-Loss: $677
Outlook: Price rejection from the $690s with growing volume and sustained pressure under MA(25) hints at continuation to the downside. A clean break below $651 may open room for sharper correction.
PRO TIP: If you see a 1h candle close below $651 with increasing volume and no bullish wick rejections — it confirms bearish control.