JUST IN 🚨 | $BNB slips under $713 — healthy breather or are bulls losing grip?
⏱️ 30‑second recap
$BNB latest hourly candle sealed at 709.5 USDT, its first close below the rising 7‑period MA (~712.6). Price, however, still lounges well above the 25‑MA (702) and the 99‑MA (693), so the bigger up‑channel is intact. Volume faded after the Asian pop, and RSI has cooled to 57 — momentum remains constructive but no longer feels overheated.
🔥 What matters right now
• The staircase of higher lows is untouched while 702 USDT acts as a dynamic floor.
• The thin wick around 715‑718 marks short‑term resistance; reclaim it and trading bots could reload for 730 +.
• A decisive flush under 702 may drag price toward the 693‑695 demand zone where dip‑buyers have been waiting.
🎯 Trade ideas (not advice)
• Dip‑hunter: ladder bids at 703‑705, stop 699, shoot for the wick highs.
• Break‑out chaser: wait for an hourly close above 718 with > 30 K volume, ride toward 730‑740, trail a stop at 710.
• Spot hodler: trail a stop near 695 to lock gains yet let the trend breathe.
🌐 Macro whisper
Binance Smart Chain daily active wallets keep creeping up, and fresh stablecoin inflows hint that sidelined capital could rotate into majors like BNB if Bitcoin dominance stalls.
💬 Your move
Are we revving for a 🚀 or taking the scenic route 😴? Share your forecast below, smash that like, and help push this post onto the trending tab!
⚠️ Disclaimer
This content is for information only and is not financial advice. Crypto is volatile; always DYOR and manage risk.
