š„ $BNB /USDT ā Holding Ground or Fading Momentum? šš°
BNB is trading at 647.51, with slight bullish recovery after a drop to 639.00. The price is below all major EMAs (7, 25, 99), indicating continued downward pressure. The 7 EMA is attempting a crossover, suggesting a possible short-term relief bounce.
Current Outlook: Mild recovery phase but trend remains bearish unless BNB reclaims 656+. Consolidation between 645ā652 might lead to breakout volatility.
LONG Setup: Entry around 648ā650, targets at 656 and 664, stop-loss at 643
SHORT Setup: Entry around 652ā653, targets at 645 and 639, stop-loss at 656.5
Summary: BNB is in a decision zone. Breakout above 652 could trigger momentum, while failure may resume bearish trajectory.