🔻 $BNB /USDT – Bearish Pressure Near Key Support!
Current Price: $651.97
24H High / Low: $659.46 / $647.30
15m Chart Outlook: Downtrend continuation with weak bullish recovery attempts
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📉 Market Structure:
$BNB is stuck in a tight downtrend channel with consecutive lower highs. Each bounce attempt is fading fast, showing clear seller dominance in the short term.
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📌 Key Levels to Watch:
🟢 Immediate Support: $647.00
🔴 Resistance Zone: $655.00 – $659.00
⚠️ Breakout Trigger: Above $661.00
⚠️ Breakdown Trigger: Below $647.00 = Possible sharp drop
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💼 Trade Setup (Short Bias):
🔹 Entry Zone: $653.50 – $656.00 (on failed bounce)
🎯 TP1: $648.00
🎯 TP2: $641.00
🛑 SL: $661.00
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📊 Market Insight:
Volume is rising but price remains capped—this suggests aggressive selling into minor strength. Break below $647 could accelerate losses.
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💡 Pro Tip:
Scalp traders should wait for rejection candles near $655 before entering short. Don’t front-run — let price show weakness.
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🔥 $BNB is weakening—scalp with caution and stay alert for volatility spikes!
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