### BNBUSDT: Bearish Pressure Intensifies -

⚠️ BREAKDOWN ALERT! BNB Eyes $620 as Support Crumbles!

#### 🔍 Key Bearish Drivers:

1. Price Breakdown:

- -2.74% drop to $653.15 – trading just $8 above 24h low ($645.16).

- Bollinger Bands: Price testing LOWER BAND ($652.49) – breach opens path to $645 → $620.

2. Oversold but No Recovery:

- RSI(6): 20.33 (deepest oversold since April – yet no bullish reversal signals).

- Stochastic RSI: 3.64 (near zero = exhaustion, but downtrend intact).

- MACD: -3.53 (bearish widening – DIF/DEA accelerating downward).

3. Liquidation Bomb:

- 79.05% Long Accounts – extreme skew ripe for squeeze below $645.

- Negative Funding Rate (-0.02%): Shorts paid to attack – *bear advantage.

4. Volume & Sentiment:

- OBV: -996K – relentless selling pressure.

- 24h Volume: $81.52M – panic dominates.

---

#### 🎯 Trader’s Playbook:

- SHORT ENTRY: Below $645 (target $635 → $620).

- Stop-loss: $660 (Middle Bollinger Band resistance).

- Longs? Only if:

✓ Price reclaims $675 (Middle Bollinger Band) + RSI(6) > 50.

✓ Bullish MACD crossover.

🔥 Final Call:

BEARISH – Sell rallies below $660. Bulls need a miracle recovery above $675!

#BNB #Crypto #Trading #Bearish #Liquidations #TechnicalAnalysis

---

💬 Critical Level:

$645 = LINE IN THE SAND. Break = -5% nuke! Hedge your longs!