🚨 $BNB /USDT – Oversold or Over for Now? Critical Zone! ⚠️🧨
$BNB is trading at $689.70 (-0.16%), sitting just above key support levels with RSI in deep oversold territory. Are we due for a relief bounce—or is $650 next?
📊 Market Overview
📍 Current Price: $689.70
📈 24h High: $707.54
❄️ 24h Low: $686.05
📊 Parabolic SAR: $699.01 (Bearish signal below current price)
📉 MACD Momentum:
DIF: -6.92
DEA: -5.38
MACD: -3.07 (Bearish pressure increasing)
📈 BNB Trade Setup – Key Levels to Watch
🔹 Bullish Scenario (If BNB Holds Above $685):
• Entry: Above $692
• Targets: $707, $720, $740
• Stop-Loss: $678
🔹 Bearish Scenario (If BNB Falls Below $685):
• Entry: Below $684
• Targets: $665, $650, $630
• Stop-Loss: $695
🔍 Should You Hold or Sell?
⚠️ RSI at 28.91 = Extremely oversold—bounce is possible
❌ Trading below MA(7), MA(25), and MA(99) = Short-term bearish structure
✅ Volume is stable = Watch for breakout attempts
💡 Pro Tip:
📌 If BNB reclaims $696–$700 zone, it could reverse sharply toward $720
⚠️ Failure to hold $685 = potential breakdown toward $650 territory
📢 What’s your BNB play—buying the dip or waiting for confirmation? Let’s talk in the comments! 💬
🔥 LIKE & SHARE if you’re still riding with BNB!
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