๐จ $BNB /USDT โ Oversold Bounce or Breakdown Imminent? โ ๏ธ
$BNB is under pressure, trading at $662.13 after a 1.16% drop. RSI is deep in the oversold zoneโcould a bounce be near, or are we heading lower? Letโs dissect the chart! ๐
๐ Market Overview
๐ Current Price: $662.13
๐ 24h High: $672.16
โ๏ธ 24h Low: $661.30
๐ Parabolic SAR: Not triggered โ trend still bearish
๐ Moving Averages:
MA(7): $665.32
MA(25): $666.81
MA(99): $662.07
๐ MACD Momentum: (Not visible โ watch for confirmation on crossover)
๐ RSI(6): 25.51 (Oversold โ potential bounce zone)
๐ BNB Trade Setup โ Key Levels to Watch
๐น Bullish Scenario (If BNB Reclaims $665+):
Entry: Above $666
Targets: $672, $680, $688+
Stop-Loss: $653
๐น Bearish Scenario (If BNB Loses $653):
Entry: Below $653
Targets: $645, $639, $630
Stop-Loss: $666
๐ Should You Hold or Sell?
โ RSI under 30 = extremely oversold, potential short-term reversal
โ Holding near MA(99) = make-or-break level
โ ๏ธ If $653 breaks, downside may accelerate toward $630
๐ก Pro Tip:
๐ Watch for volume spike near $665โcould signal reversal
๐ Weak bounce without volume = trap for bullsโstay disciplined
๐ข Whatโs your game plan for BNBโbuy the dip or wait it out? Share your thoughts!
๐ฅ LIKE & SHARE for more smart BNB trades! ๐