$BNB /USDT BEARISH MOVE LOOMING 🔻 | TECHNICAL ANALYSIS & TRADE SETUP
📉 Current Price: $646.42
📊 Market Sentiment: Bearish (Price trading below short-term MAs)
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🔑 KEY LEVELS:
Resistance: $652.00 (24h High), $648.59 (MA-25)
Support: $639.00 (24h Low), $644.00 (Minor Intraday Support), $636.50 (Next Major Support)
📉 Indicators Insight:
MA Crossovers: Price is below MA(7), MA(25), and very close to MA(99), suggesting downward pressure.
MACD: Shows weakening momentum, signaling a potential continuation to the downside.
Volume: High selling volume (64.27M USDT), adding to bearish sentiment.
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💼 TRADE SETUP — SHORT ENTRY
🔹 Entry: $645.00
🔹 Stop Loss (SL): $653.00 (Above resistance)
🔹 Targets (TP):
TP1: $639.00 ✅
TP2: $636.50 🎯
TP3: $629.00 🧨
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⚠️ RISK MANAGEMENT:
Use 1–2% of account equity per trade 💰
Stick to SL & TP — emotions out, discipline in! 🚫😨
Adjust lot size based on distance to SL to control risk smartly 📐
Patience + Plan = Profits 🔥
Stay sharp, traders!
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