๐จ $BNB /USDT โ Cooling Off or Prepping for a Bounce? RSI Near Oversold! ๐ง๐
#Binance Coin is resting at $658.30 (-0.71%), just above its 24h low of $656.70. With RSI at 37.67, BNB is nearing oversold territoryโcould a reversal be on deck?
๐ Market Overview
๐ Current Price: $658.30
๐ 24h High: $664.85
โ๏ธ 24h Low: $656.70
๐ Parabolic SAR: ~$663.20 (Slight downward pressure)
๐ MACD Momentum:
DIF: -3.20
DEA: -2.18
MACD: -2.04 (Bearishโbut flattening)
๐ RSI(6): 37.67 โ โณ Near oversoldโwatch for bounce setups
๐ MA(5): 5.98K | MA(10): 5.38K (Volume slightly cooling)
๐ BNB Trade Setup โ Key Levels to Watch
๐น Bullish Scenario (If BNB Holds Above $656.00):
Entry: Above $661.00
Targets: $664.85, $670.00, $678.00
Stop-Loss: $651.00
๐น Bearish Scenario (If BNB Drops Below $651.00):
Entry: Below $651.00
Targets: $646.00, $642.00, $635.00
Stop-Loss: $664.85
๐ Should You Hold or Sell?
โ RSI nearing 30s = potential bounce opportunity
โ Still holding key structural support above $656
โ ๏ธ MACD remains weakโvolume must step in to reverse trend
๐ก Pro Tip:
๐ Watch $661.00 retestโreclaiming that level could spark upside momentum
โ ๏ธ Flat momentum = wait for confirmation before sizing in
๐ข BNB bullsโare you stacking here for the next leg, or waiting for trend confirmation? Sound off below! ๐ง ๐
๐ฅ LIKE & SHARE if you trade smart, not emotional! ๐๐