๐จ $BNB /USDT โ Oversold Breakdown or Bounce Setup? RSI at 15! ๐จ๐
$BNB just touched $651.12 (-1.08%), sliding toward critical support near $650. With RSI plunging to 15.89, the asset is now in extreme oversold territory. Is a reversal imminent, or will sellers continue to dominate?
๐ Market Overview
๐ Current Price: $651.12
๐ 24h High: $664.57
โ๏ธ 24h Low: $650.21
๐ Parabolic SAR: ~$663.80 (Downtrend still active)
๐ MACD Momentum:
DIF: -4.21
DEA: -3.30
MACD: -1.82 (Bearish pressure but slowing)
๐ RSI(6): 15.89 โ ๐ป Severely oversold! Reversal zone in play
๐ MA(5): 5.72K | MA(10): 4.62K (Volume increasing near bottom)
๐ BNB Trade Setup โ Key Levels to Watch
๐น Bullish Scenario (If BNB Reclaims $656.60):
Entry: Above $656.60
Targets: $661.20, $664.85, $670.00
Stop-Loss: $643.70
๐น Bearish Scenario (If BNB Fails to Hold $650.00):
Entry: Below $650.00
Targets: $647.30, $643.70, $640.00
Stop-Loss: $656.60
๐ Should You Hold or Sell?
โ RSI at 15.89 signals a high-probability rebound setup
โ MACD still bearishโbut losing strength
โ ๏ธ Failure to hold $650 may invite deeper downside
๐ก Pro Tip:
๐ Watch $656.60 reclaimโit could trigger a quick bounce back above $664
โ ๏ธ If RSI stays low without a bullish candle, avoid early entriesโwait for volume!
๐ข Are you buying this dip or waiting for confirmation? Drop your BNB strategy in the comments! ๐ฌ
๐ฅ LIKE & SHARE if you caught this oversold zone before the reversal! ๐น